comscore After Volvo, Porsche pledges to turn half its lineup to EVs

After Volvo, Porsche pledges to turn half its lineup to EVs

After Volvo, Porsche is taking a leap towards to electrifying half of its lineup to battery-powered vehicles.


If the news of Volvo bidding goodbye to conventional gasoline-powered vehicles completely was big news, then there s another one coming your way. Stuttgart-based performance machine maker Porsche is also going to turn half of its product lineup to battery powered by the year 2023, which seems to be the norm in the coming years. Also Read - Would you buy a Xiaomi electric vehicle? Company plans to produce lakhs of cars every year

Also Read - BMW iX all-electric SUV to launch in India on December 11: Could cost north of Rs 1 crore

The upcoming Mission E Concept is capable of offering nearly 500km of travel range, while the 0-100kph mark can be touched in just 3.5 seconds. The 800 volt charging system in it will make battery charging an easy job with 80 percent juice being delivered in just 15 minutes. Also Read - BMW to launch three new electric cars in India within 180 days

Earlier, Porsche had maintained that they won t be able to offer the breathtaking performance associated with them with an electric drivetrain. But now its first fully electric supercar Mission E is all set to storm the markets by the year 2019. Porsche has planned to bring out just 20,000 units of the Mission E in a year, whereas plans for a Macan-based electric SUV are also on the charts. The Baby SUV from Porsche will then lock horns with the Jaguar E Pace that is based upon the Jaguar F Pace.

Porsche CEO says the Stuttgart Stallion is planning aggressive measures for the European market and the 20,000 Mission Es will only amount to 10 percent of Porsche s total global sales. Porsche Macan was lapped up by 100,000 customers last year and with its electric version also joining the foray, sales are going to be even higher.

Porsche wants to generate 50 percent of its revenue from EVs, and wants to take on Tesla which has been at the forefront of EV category ever since its entry. For this purpose, people at Porsche have even started preparing its plant for higher production. RELATED: India aiming to have all-electric car fleet by 2030: Piyush Goyal

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  • Published Date: July 10, 2017 10:07 AM IST

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