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Porsche takes aim at Tesla with Mission E

Added by admin 08/12/15

7 December 2015

PORSCHE has confirmed it will put the Frankfurt motor show-stopping Mission E concept into production, following a €700m ($A1b) investment to expand its main facility in Stuttgart.
The significant pledge of cash will be used to build a new paint shop and assembly plant as well as the engine factory, which will be expanded to include the electric motors critical to the production of its first pure electric-drive vehicle.
Porsche has not finalised a name for the model but says it will be launched “at the end of the decade” and will be the “beginning a new chapter in the history of the sportscar”.
The confirmation of a sizeable investment in Porsche will come as a relief for many at the company, following an announcement from its Volkswagen Group parent, that some major projects would be shelved to release capital it needs to resolve the unfolding diesel emissions scandal.
Performance, range and packaging appear to be a direct shot across the bow of luxury car-maker Tesla, with the Mission E promising zero to 100km/h acceleration of less than 3.5 seconds, 440kW of instantaneous power, four doors and four seats.
The German car-maker says the sports sedan will go 500km before needing a recharge – about 100km further than the Tesla Model S – while an 800-volt fast charger can pump an 80 per cent charge into the lithium-ion battery in just 15 minutes.

                                                   Story and image courtesy: GoAuto.com.au


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