Auto Express, citing an official brand representative, reports that the investment in this project amounts to approximately one billion euros. The main rival of the future electric car will apparently be the Tesla Model S.

According to available information, the appearance of the electric Porsche will be based on the Mission E concept car.

It is expected that the car will feature a pair of electric motors with a combined output of about 600 horsepower. The estimated range is 500 kilometers.

In addition, it became known that thanks to the new 800-volt charging system for lithium-ion batteries, it will be possible to replenish 80% of the energy reserve in just 15 minutes.