Categories: Technology

Finally, Porsche CEO Speaks On All-Electric Mission E Pricing

Porsche has kept its customers on the edge going silent after it revealed the stunning Mission E concept which was to be its first all-electric model at the 2015 Frankfurt Motor Show. After rumors that the four-door will actually enter production to challenge Tesla’s growing dominance in the EV market, the silence had been deafening.

Well that seems to be behind us as the German carmaker’s CEO Oliver Blume has shared concrete information on the Mission E’s release date and pricing.

Development on the production version of the Mission E is on schedule, with prototypes to start public testing in the near future, Blume said in an interview with Car Magazine earlier in the week at this year’s Frankfurt Motor Show. One of the most exciting tidbits, however, is that the EV’s design is already finalized, and while it will be a little different from the original concept, it’s still “very close” to what we saw in 2015

One of the most exciting tidbits, however, is that the EV’s design is already finalized, and while it will be a little different from the original concept, it’s still “very close” to what we saw in 2015

The Mission E production model will be on sale before the end of 2019, Blume confirmed, reiterating that it will be an all-electric car and not a hybrid with a combustion engine. In addition, there will be more than one power output engines available, although Porsche isn’t ready to offer specifics just yet.

The company is designing the Mission E to slotted in between the Panamera sedan and the 911 sports car icon. This is fitting, as the four-door EV will be “priced like an entry-level Panamera,” putting in the ballpark of $85,000 — right in the middle of the price range for Tesla’s Model S. Lastly, Blume hinted that we might eventually see the Mission E get badges like S and GTS, similar to the rest of the Porsche lineup.

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