This is a China news story, published by Ars Technica, that relates primarily to Porsche news.
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new EVArs Technica
•Technology
Technology
70% Informative
Porsche releases preliminary financial numbers for last year and projections for 2025 .
Sales were down 28 percent in China and 3 percent overall.
Profit margins are just over 10 percent , far below the 18 percent target.
The company expects to spend $830 million ( 800 million euros) on expanding its non-battery EV lineup.
VR Score
76
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78
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61
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English
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43
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