Porsche CEO details Mission E pricing, release date

Porsche Mission E- Porsche's electric Sports Car- will cost the same as the Panamera
Porsche Mission E – Porsche’s electric Sports Car – will cost the same as the Panamera

17 September, 2017

Like many other major vehicle manufacturers, Porsche is also jumping on the all-electric bandwagon. The company showcased its first four-door all-electric sports auto concept at the 2015 Frankfurt motor show.

The company is designing the Mission E to slotted in between the Panamera sedan and the 911 sports auto icon.

The company's Chairman Oliver Blume confirmed to auto magazine that the Porsche Mission E all-electric four-door sports vehicle is going to be available for purchase by the end of 2019.

That means the entry-level Mission E coming with a smaller battery capacity and reduced performance, but even then it's still going to be a stunning auto with impressive performance.

Blume said that this all-electric vehicle has been created to plug the gap between the Panamera and the 911.

That's an astonishingly low price point for an electric Porsche, but it does look like Porsche will be delivering the Mission E in a variety of options - just like its other models. It has been confirmed that the Porsche Mission E project is on schedule and that prototypes will be heading out of the factory for public tests in the near future.

Porsche has yet to say what will power the Mission E but the concept had a total of 600 hp on tap.

When the Mission E was revealed two years ago, the 600HP, 800-volt concept was said to be capable of reaching 0 to 60mph in less than 3.5 seconds, with a top speed of over 155mph. Porsche is still promising that a full battery will offer a range of 310 miles, while their new rapid charging system can provide an 80% charge in just 15 minutes, enough for a 250-mile range.

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