Monday, April 15, 2024

Are You Eating Too Much Sugar? If You Have 1 or More of These Symptoms,

Are you eating too much sugar? Though the recommended daily amount of added sugar tops out at 25 grams (six teaspoons) for women, your...

Latest Posts

Porsche To Make Electric Sportscar in €700m Project

Porsche has given the green light to build an all-electric car aimed at challenging Tesla’s dominance of the battery-powered sportscar market.

Porsche Electric Sportscar

The German firm said it would create more than 1,000 jobs via a €700m (£500m) investment in new facilities and assembly line.

Porsche’s Mission E, revealed as a concept car earlier this year, is due to go on sale by the end of the decade.

The four-door car’s range will be 310 miles, and hit 62mph in 3.5 seconds.

This pitches the Mission E – a name unlikely to stay once the launch date nears – against Tesla’s powerful Model S.

Porsche is owned by Volkswagen Group, currently embroiled in ‘dieselgate’, which has said it would invest in a range of all-electric and hybrid vehicles across its brands over the next few years.

Dr Oliver Blume, chairman of Porsche’s executive board said putting Mission E into full development was the “beginning of a new chapter in the history of the sports car”.

The Social Magazine business correspondent Theo Leggett said it seemed clear that the Mission E was a response to the rise of Tesla, the Silicon Valley brainchild of billionaire Elon Musk.

“The fast and luxurious Tesla Model S has already redefined what you can expect from an electric car, although the company is yet to make a profit. Now Porsche is joining the party. Battery power is suddenly looking rather fashionable,” our correspondent said.

Porsche unveils its Mission E concept

Porsche said the car would be charged via an 800-volt unit specially developed for the vehicle, which is twice as powerful as today’s quick-charge system.

The lithium-ion batteries integrated within the vehicle floor will have enough power for 80% of its mileage range range after 15 minutes charging, Porsche said in a statement. The vehicle can optionally be ‘refuelled’ wirelessly by induction via a coil set into a garage floor.

The four-seat car features energy storage technology derived from the Le Mans-winning Porsche 919 Hybrid race car.

The €700 Mission E investment was part of a €1bn spending plan on new facilities announced by Porsche on Friday.

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.