Porsche 911

Porsche considers production hike for electric vehicles as diesel sputters

Sportscar maker Porsche AG might boost annual production capacity of its Mission E model beyond 20,000 vehicles and decide shortly about whether to electrify its Macan sports energy model, board member Detlev von Platen informed Reuters.

The Stuttgart-based automaker, which is owned by Volkswagen Group, stated it expects to double its investment in hybrid and fully electric automobiles to over 6 billion euros ($7.35 billion) by 2022.

The Mission E, a four-seater electric sportscar, is due to roll off assembly line in 2019, with initial client inquiries giving Porsche premises to believe that customers will not challenge the brand’s switch from combustion to electric engines.

“The favorable feedback for the Mission E makes us extremely optimistic about demand,” von Platen stated, adding that Porsche is currently looking at ways to raise production capacity.

Other partially electrified models are likewise showing popularity, von Platen informed Reuters in comments released on Friday.

“In Europe, around 60 percent of Panamera vehicles were delivered with a hybrid drivetrain,” von Platen stated, describing the company’s high-end sport sedan line.

On the other hand, demand for diesel automobiles in Germany is on the wane, and Porsche remains in talks with Germany’s motor vehicle authority KBA about a potential recall of V8-engined designs of the Panamera and Cayenne.

In a different statement, Porsche production chief Albrecht Reimold stated the production of the Mission E would use automobile foundations which might be suitable for other brands within the Volkswagen Group.

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