Summary: Porsche unveiled the Cayenne Coupe Electric at Auto China in Beijing, a 1,139 hp electric SUV that does 0-60 in 2.4 seconds with up to 669 km WLTP range and 16-minute fast charging, starting at $113,800. It launches during the worst financial year in Porsche’s history, a 93% operating profit decline, a first-ever quarterly loss, a new CEO, and a formal retreat from the 80% EV-by-2030 target. The car will be sold alongside ICE and PHEV variants indefinitely, a hedge that reflects Porsche’s conclusion that the market for premium EVs is smaller than it once believed. Porsche unveiled the Cayenne Coupe Electric at Auto China in Beijing this week, a vehicle that makes 1,139 horsepower in its Turbo trim, reaches 60 miles per hour in 2.4 seconds, carries a 113-kilowatt-hour battery good for up to 669 kilometres on the WLTP cycle, charges from 10% to 80% in under 16 minutes at up to 400 kilowatts, and starts at $113,800 before the $2,350 delivery fee.…