Porsche Shoots For 20,000 Electric Car Sales

According to automobilwoche (Google Translate)

Porsche CEO Oliver Blume expects a great demand for the brand's first purely electric sports car. Other models could soon be driven with electricity.

Mission E: The electric car from Porsche is only the start for other power cars of the sports car brand. (Photo:Porsche)

Munich. Porsche expects its first purely electric model with a great demand. "We have calculated the mission E with a piece of the order of about 20,000," said Porsche CEO Oliver Blume of the Automobile Week. In comparison, last year the Porsche 911 sold 31,350 units worldwide. The mission E is to be launched in the year 2019 and has a range of 500 kilometers. The four-seater will be built at the Stuttgart headquarters in Zuffenhasen

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The announcement shows just how much pressure Tesla (TSLA) has in the year ahead. It is not th only competitor in the high end of the electric car business. Among others Merdecedes and BMW have ambitious plans

GM (GM) has started to sell the Chevy Bolt, aimed at a much lower end of the market. However, if it is successful, it is not hard to imagine that the same tech could be put into Cadillac

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