Porsche will double investment in the development of electric cars

Porsche will double investment in the development of electric cars

February 6, 2018 0 By autotimesnews

porsche mission e

The management of Porsche has decided to double the amount, which by 2022 will be invested in the development of electric and hybrid models – from three to six billion euros. This is reported by the press service of the German brand.

“We are doubling the cost of electric drive systems from about three billion to more than six billion euros,” said Oliver Blume, chairman of the board of Porsche AG. “Along with further improvement of our models with internal combustion engines, this decision determines our course for the future.”

Thus, 1 billion euros will be launched to create electric and hybrid versions of current models, also for development of appropriate technologies, including charging systems and necessary infrastructure.

Another “several hundred million” euros will go to the modernization of production sites, where they will produce “green” cars. At the moment, the Germans are modernizing the company in Zuffenhausen, where next year the serial version of the electric mission E.

The first commercial vehicle in the history of Porsche will receive several modifications, the development of which will spend at least half a billion euros. The prototype model, shown in 2016, is equipped with two electric motors located on the front and rear axles. In total, the units develop more than 600 horsepower, so the Porsche Mission E can accelerate from place to 100 km / h in 3.5 seconds.

Earlier it was reported that the serial car will be available in at least three versions. The base, “medium” and top versions will be available with 402, 536 and 670-strong units, respectively. The front engine in any case will develop 215 hp, while the rear output depending on the version will be 322, or 429 horsepower.