Finance
Porsche to wind down charging network in tough China market, agency reports
Published by Global Banking & Finance Review®
Posted on December 22, 2025
1 min readLast updated: January 20, 2026
Quick Summary
Porsche plans to close its China charging network in 2024, shifting focus to third-party operators amid declining sales and a crowded market.
Porsche to Close Charging Network in Challenging China Market
BERLIN, Dec 22 (Reuters) - Porsche plans to shut down its charging infrastructure in China next year, a Chinese news agency reported on Monday, in another sign of struggle for Volkswagen's luxury subsidiary in the tough Chinese market.
Porsche China will gradually shut down its own charging network of around 200 stations from March 1, Yicai reported, citing the company.
Porsche China will instead focus on deeper cooperation with leading third-party charging operators, according to the report.
A spokesperson for the company did not immediately respond to a request for comment.
Porsche is losing ground in China amid a crowded market with local brands, with the carmaker's sales there having dropped by just over a quarter in the first nine months of the year.
After reporting a loss-making third quarter, Porsche executives told investors they were working to reduce the company's dealer network in China, from 150 to 80.
(Reporting by Rachel More, editing by Thomas Seythal)
Key Takeaways
- •Porsche will shut down its charging network in China next year.
- •The company will collaborate with third-party charging operators.
- •Porsche's sales in China have dropped by over 25% this year.
- •The dealer network in China will be reduced from 150 to 80.
- •Porsche is struggling in a crowded Chinese market with local brands.
Frequently Asked Questions about Porsche to wind down charging network in tough China market, agency reports
1What is a charging network?
A charging network is a system of stations that provide electric vehicle charging services. These networks allow electric vehicle owners to recharge their vehicles at various locations, enhancing the convenience of electric vehicle use.
2What is a luxury car brand?
A luxury car brand is a manufacturer that produces high-end vehicles characterized by superior quality, performance, and features. These brands often focus on providing a premium experience and status to their customers.
3What is a spokesperson?
A spokesperson is an individual who speaks on behalf of an organization or company, communicating its messages and responding to inquiries from the media and the public.
4What is a sales drop?
A sales drop is a decrease in the number of products or services sold over a specific period. This can indicate challenges in the market, such as increased competition or changing consumer preferences.
