Porsche Mission E Concept-01

Remember the Porsche Mission E concept from the 2015 Frankfurt Motor Show? Well, Stuttgart has confirmed that it will put the svelte sports sedan into production as its first fully-electric offering, and it’s due to reach showrooms at the end of the decade.

The building of the Tesla Model S rival is expected to create more than 1,000 new jobs at the Zuffenhausen plant, with a planned investment of €700 million directed there. Porsche will build a new paint shop and assembly plant, and expand the existing body shop as well as the engine factory, the latter for the production of electric motors. Investment will also be channeled to other areas such as the Weissach R&D centre.

“With Mission E, we are making a clear statement about the future of the brand,” said chairman of the supervisory board Wolfgang Porsche. “Even in a greatly changing motoring world, Porsche will maintain its front-row position with this fascinating sports car.”

“We are resolutely taking on the challenge of electric mobility, said chairman of the executive board Oliver Blume. “Even with solely battery-powered sports cars, Porsche is remaining true to its philosophy and offering our customers the sportiest and technologically most sophisticated model in this market segment.”

Underneath the voluptuous sheetmetal, the four-seater Mission E concept is powered by a pair of electric motors than combined produce a total of 440 kW (600 hp), delivering a 0-100 km/h sprint time of under 3.5 seconds and an operational range of more than 500 km. The specially-developed 800-volt charger, twice as powerful as current fast chargers, will give the lithium-ion batteries 80% charge in just 15 minutes.