Porsche is planning a battery-electric SUV and all-electric Boxster/Cayman sports car, plus a Taycan Targa, for launch by 2022 as part of its investment in electrification.

Porsche finance director Lutz Meschke revealed the plan for a battery SUV and sports car at an event in Germany last week. "You can expect a SUV BEV [battery-electric vehicle] by 2022 at the latest,” he told journalists, without elaborating further.

Meschke also told journalists that “the Boxster and Cayman could be suitable for electrification”.

Departed Volkswagen Group CEO Matthias Müller – previously Porsche’s boss – committed every group brand to having an electrified version of every model by 2023, and Porsche was no exception.

Porsche readying electric Taycan for 2019 reveal

Meschke referred to the electric utility vehicle as a “big SUV”, which would indicate a Cayenne-sized car, but the Cayenne is just a year old and not due for replacement until 2024/25. It would make a natural rival for the Tesla Model X.

To get an electric SUV to market more rapidly, Porsche is likely to focus on the replacement for the mid-size Macan – which currently shares its platform with Audi’s Q5 – as it is due for replacement around 2021. However, there are at least three other possibilities: a variant of Audi’s new E-tron SUV, a re-engineered Cayenne, or a ground-up new Porsche all-electric SUV.

Porsche is moving fast in the direction of BEVs post-Dieselgate and the new Taycan four-door has been in development for four years and will be launched in late 2019.

This month, Porsche announced that it will drop diesel from its engine line-up. This will especially affect the Macan, one of its bestselling vehicles and sold with a rich mix of diesel engines.