FRANKFURT, Aug 13 (Reuters) - Porsche AG plans to discontinue production of its electric model Taycan by 2030, WirtschaftsWoche cited sources as saying on Thursday.

The carmaker has given up on initial plans to relocate Taycan production to its plant in Leipzig from its main plant in Stuttgart, the business magazine added.

A Porsche spokesperson declined to comment on the report, referring to an interview CEO Michael Leiters gave to FAZ newspaper in July in which he said there were "no plans to discontinue the Taycan in the short term."

(Reporting by Ludwig Burger, editing by Thomas Seythal)

Find it fast

Looking for more insights? Explore our other news sections for updates on sustainable finance, companies and financial education