Porsche is Set to Invest More than 6 Billion Euro; Double What Was Previously Expected
Porsche is doubling down on its investments in hybrid and electric technology after announcing plans to increase its investment in electromobility to “more than” €6 billion. That’s more than double the amount it previously intended to spend. The news comes as the German automaker is making final preparations for the launch of its first all-electric vehicle, the Mission E. Porsche CEO Oliver Blume made the announcements, saying that the decision to ramp up its investments was done to set “an important course for the future.”
Porsche Claims The Mission E is its Make-or-Break Model
The Porsche Mission E electric car is an important model for Porsche. It’s so important, actually, that Porsche CEO Oliver Blume describes at as the company’s make-or-break model. There might be some hyperbole attached to that statement, but the all-electric sedan’s importance to the automaker’s electrification effort cannot be understated. At worst, it could short-circuit Porsche’s dreams of an electrified future. At best, it could jolt that future to life.
2020 Porsche Mission E
While considered laughable just a decade or two ago, the idea of a high-performance electric vehicle is now widely accepted in even the most traditional of speed circles. As the list of battery-motivated monster machines continues to grow, Porsche is getting in on the action with its up-and-coming Mission E. As a follow-up to hybrid superstars like the 918 Spyder and the Panamera, the Mission E is slated to become Stuttgart’s very first all-electric vehicle. Porsche teased the new model with a concept at the 2015 Frankfurt Motor Show, and now, we’re getting our very first shots of the production iteration in the wild. Captured out and about doing some real-world testing just outside Porsche’s factory in Weissach, the spy shots reveal just how close the Mission E is to becoming a reality on public roads. Expect specs that either match or beat the Tesla Model S, with several hundred miles of range and a blistering 0-to-60 mph time, not to mention a luxurious cabin space and Nurburgring-tested handling.
While full details are still forthcoming, there’s plenty of info floating around out there to go on in terms of speculation. Regardless, it’s sure to be top-shelf and quite fast, but the question remains – will it be enough to take out the Tesla? Is this finally the Model S killer we’ve been waiting for? We’re still a few years away from the release of the Mission E, so we’ll have to wait, but in the meantime, check out our speculative review.
Updated 12/06/2017: Our spy photographers caught the upcoming Porsche Mission E out for a new testing session, this time during cold, winter conditions somewhere in Sweden.
2021 Porsche Mission E GTS
In case you hadn’t heard, let me be the first to tell you – Porsche is building a four-door all-electric sports sedan, and it’s called the Mission E. Don’t worry, it’ll have all the go-fast characteristics you’d expect, just without the internal combustion to make it go. In fact, it should draw a good deal of its tech from the hybrid goodness developed for the Panamera and 918 Spyder, so that’s a plus. But, as we all know, Porsche isn’t satisfied to make just a single version of any one model. Multiple variants are required to fill every niche possible, so what about an even-faster Mission E? We’re calling it the Mission E GTS, and we decided to draw up a rendering and put together a speculative review to boot. Upgrades over the standard Mission E should include more aggressive exterior styling, lots of black trim pieces, more performance gear inside, a bigger battery, extra horsepower, and standard performance suspension.
The EV performance market is looking to balloon pretty rapidly over the next few years, and you can bet your lithium-ion battery pack Porsche will be there to take advantage of that growth. Read on for the details.
Continue reading to learn more about the 2021 Porsche Mission E GTS.