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Porsche: No Electric Supercars Due to Lack of Demand

Porsche has declared its intention not to develop a completely electric iteration of its forthcoming mid-engine supercar, attributing this decision to an absence of consumer interest in this high-performance category. Despite its broader commitment to electric vehicles, evidenced by models such as the Taycan and Macan, and the planned electric 718 Boxster and Cayman, the luxury automaker perceives a distinct market preference among supercar buyers for conventional internal combustion engines or hybrid solutions.

The CEO of Porsche underscored this position, emphasizing that the current market for top-tier supercars does not exhibit sufficient demand for a purely electric variant. This perspective highlights a divergence in electrification strategies across different vehicle segments, even within the same brand. While mainstream electric vehicles gain traction, the ultra-luxury performance sector appears to remain anchored to the sensory experiences provided by traditional powertrains.

This strategic choice by Porsche aligns with similar observations from other prominent manufacturers in the exclusive supercar domain. Lamborghini's CEO has previously characterized electric vehicle development as an 'expensive hobby' in this segment, suggesting that the target clientele is not yet ready for a full transition to electric propulsion. Similarly, Pagani, another esteemed builder of high-performance machines, reportedly abandoned its plans for an electric Utopia model after feedback from dealers and customers indicated a clear disinterest.

The resistance to fully electric powertrains in supercars stems from a complex interplay of factors, including the desire for specific auditory feedback, immediate throttle response, and the overall character associated with a high-revving engine. For many enthusiasts and collectors in this niche market, these elements are integral to the supercar experience, often outweighing the performance advantages that electric drivetrains can offer, such as instant torque and rapid acceleration.

The lukewarm reception of electric hypercars, such as the Rimac Nevera, further illustrates this market trend. Despite its groundbreaking technical specifications and extreme performance capabilities, the Nevera reportedly achieved only a fraction of its intended sales targets. This suggests that even extraordinary speed and advanced technology are not always enough to sway affluent buyers who prioritize the emotional connection and traditional attributes of a combustion engine in their multi-million dollar performance vehicles.

As the automotive industry continues its journey toward electrification, the luxury supercar segment stands out as a unique challenge. While Porsche and its counterparts are innovating with hybrid technologies to meet evolving environmental standards, their commitment to internal combustion and hybrid systems for their flagship models reflects a pragmatic response to current market realities. The enduring allure of the gasoline engine's roar and dynamic response continues to hold sway, signaling that the complete electrification of the supercar landscape may still be some time away.

The Rediscovered Heritage of the Karma Coachworks SR2

Bruce Meyers, the pioneering force behind the beloved Meyers Manx dune buggy, extended his innovative vision beyond sandy terrains to create a street-focused vehicle, the Street Roadster (SR). This less recognized aspect of his work, particularly the Karma Coachworks SR2, is now drawing attention. This unique model, constructed on a Volkswagen chassis, represents a fascinating chapter in the evolution of fiberglass-bodied cars. Its distinct design and historical lineage provide a fresh perspective on Meyers's enduring influence in automotive design, offering enthusiasts a chance to own a piece of this remarkable heritage.

The Evolution of the Street Roadster: From Sand to Asphalt

Bruce Meyers's initial success with the Meyers Manx dune buggy solidified its status as an automotive icon, synonymous with carefree Californian beach culture. However, Meyers’s creativity wasn't limited to off-road adventures. He envisioned a road-going version, the Street Roadster (SR), designed to bring the same spirit of fun and simplicity to paved streets. The SR was conceived as a more tarmac-oriented vehicle, maintaining the easy-to-work-on Volkswagen underpinnings that made the original Manx so appealing. This shift in focus aimed to broaden the appeal of his designs, offering enthusiasts a versatile vehicle capable of both spirited driving and everyday enjoyment.

The first-generation SRs were produced in limited numbers, making them quite rare. An intriguing footnote in 1970s automotive history links one of these factory-produced SRs to entrepreneur Malcolm Bricklin, potentially influencing his fiberglass-bodied SV-1. When Meyers's company faced challenges and ceased operations in 1971, Karma Coachworks stepped in to continue his vision. With Meyers’s input, Karma Coachworks developed the SR2, adhering to the proven formula of a fiberglass body mounted on a shortened Volkswagen chassis. This collaboration ensured that the SR2 retained the playful and distinctive styling that characterized Meyers’s creations, even as it embraced a more road-oriented identity.

A Detailed Look at the Karma Coachworks SR2: Design and Performance

A striking example of the Karma Coachworks SR2 recently appeared on Bring a Trailer, reigniting interest in this unique vehicle. While the specific year of its construction remains somewhat ambiguous due to its 1970 Volkswagen chassis and later body build, its presence confirms its place in automotive lore. The SR2, particularly in its glossy black finish, evokes a "Batmobile Junior" aesthetic, packing a multitude of distinctive styling elements into its compact 80-inch wheelbase. These features include a prominent spoiler, distinctive scissor doors, and robust, extra-chunky rear tires, all contributing to its aggressive and playful appearance. The car also boasts practical elements such as a removable roof panel and detachable side windows, enhancing its open-air driving experience and versatility.

Underneath its dramatic exterior, the SR2 is powered by a 1.6-liter Volkswagen flat-four engine, a robust and easily maintainable powerplant. While its exact power output is not specified, it is estimated to produce around 70 horsepower, especially with its Holley "Bugspray" 2110 carburetor. This output is more than sufficient for a vehicle that weighs remarkably little, comparable to a child's swimming pool, ensuring a lively and engaging driving experience. Power is transmitted to the wheels via a four-speed manual transmission, complemented by a Hurst shifter for precise and enjoyable gear changes. A significant aspect of this particular SR2 is its genuine Manx certification, underscoring its authenticity and historical importance as a legitimate part of Bruce Meyers's legacy. This vehicle embodies a raw, exhilarating driving spirit, offering maximum fun in the sun, albeit with a more rebellious, "Black Sabbath" vibe compared to the "Beach Boys" feel of the original dune buggy.

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Green SM Launches All-Electric Ride-Hailing Service in Los Angeles with VinFast VF8 Fleet

Green SM, a Vietnamese ride-hailing enterprise, has officially commenced operations in Los Angeles, introducing a substantial fleet of 500 VinFast VF8 electric vehicles. This innovative service aims to carve out a niche in the bustling L.A. transportation market by focusing on environmental sustainability and a distinct operational model. Unlike the prevalent gig-economy platforms such as Uber and Lyft, Green SM distinguishes itself by maintaining full ownership of its vehicles and employing a dedicated team of professionally trained, full-time drivers. This strategy seeks to ensure a consistent standard of service and driver quality, while simultaneously promoting eco-friendly urban mobility.

Green SM's Bold Entry into the Los Angeles Ride-Hailing Market

Earlier this week, the vibrant streets of Los Angeles witnessed the debut of a striking cyan-colored fleet of electric vehicles, signaling the arrival of Green SM, a Vietnamese ride-hailing service. The company initiated its U.S. operations with 500 VinFast VF8 electric vehicles, aiming to disrupt the competitive ride-hailing sector. Green SM's approach is rooted in an entirely electric fleet, driven by dedicated, full-time personnel. This model starkly contrasts with the gig-worker framework adopted by many established platforms in the city.

Green SM, which boasts a track record of 850 million rides across European and Asian markets, is making its inaugural venture into the United States. Los Angeles presents a challenging environment, already saturated with services from industry giants like Uber and Lyft, alongside emerging autonomous vehicle technologies. However, Green SM is banking on its unique selling proposition: a commitment to eco-conscious transportation and a highly trained, stable workforce. Hoang Thanh Hang, Green SM's U.S. CEO, emphasized in a recent press release that exceptional service quality and deliberate customer interactions are pivotal to the company's success, complementing its green initiative.

The deployed vehicles, VinFast VF8 EVs, are central to Green SM's mission. Despite VinFast's relatively slow adoption in the U.S. market since its 2023 debut, the brand holds significant popularity in its home country, Vietnam. The five-seater VF8 is crucial for Green SM's environmental objectives, producing zero emissions. The company has specially trained 500 full-time drivers to operate these vehicles, providing them with company-owned cars, a stark departure from the typical independent contractor model. Riders in L.A. can access Green SM services through its dedicated app, a hotline, or by hailing a vehicle directly on the street. Pricing will be determined by time and distance, with introductory offers including 50 percent off the first five rides and a complimentary Green Pass membership, offering monthly discounts.

Beyond its primary role as a ride-hailing service, Green SM also serves as an intriguing platform for public exposure to VinFast vehicles. This initiative could potentially elevate awareness for the Vietnamese automaker, which has struggled to gain significant traction in the U.S. market despite its success elsewhere. Recent reports from Automotive News indicate that only 389 VinFast vehicles were registered in the U.S. between January and July 2026. While some earlier VinFast models faced critiques regarding handling and suspension, newer iterations appear to have addressed some of these concerns. Green SM's deployment could thus act as a real-world litmus test for public perception and the broader acceptance of VinFast's electric offerings.

The introduction of Green SM to Los Angeles presents a fascinating case study in market disruption and sustainable business practices. By prioritizing an all-electric fleet and a dedicated, well-trained driver workforce, Green SM aims to not only capture a segment of the ride-hailing market but also to redefine service expectations within the industry. This venture highlights the increasing demand for environmentally friendly transport solutions and the potential for new business models to challenge established norms. Furthermore, it offers a crucial opportunity for VinFast to enhance its brand presence and evaluate its vehicle performance in a key international market. The success of Green SM in Los Angeles could pave the way for broader adoption of similar eco-conscious ride-hailing services and accelerate the transition to electric mobility in urban centers worldwide.

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