Porsche Estimates Mission E Annual Production To Reach 20,000 Units

As Porsche is getting ready to enter the game-changing electric vehicle segment, more news are starting to flow in.

The latest one sees Reuters quoting German magazine Automobilwoche, which reports that the brand's first all-electric car, the Mission E, is expected to sell in approximately 20,000 examples each year.

Targeted against the Tesla Model S, the zero-emissions saloon will hit the assembly lines in Zuffenhausen at the end of the decade, following a 700 million ($768 million) investment into the plant, which will also create more than 1,400 new jobs in the Stuttgart region.

Introduced last fall during the Frankfurt Motor Show, the futuristic-looking Mission E features a low height and curvy shape, along with four individual bucket seats inside the minimalistic cabin.

Allowing it to cover the 0 to 200 km/h (124 mph) sprint in less than 12 seconds are two electric motors similar to the ones used in the 919 Hybrid racer. Their total output exceeds 600 horsepower, fed to all four corners. Porsche claims that the all-electric saloon is capable of covering 500 km (~310 miles) on a single charge, and once the batteries are depleted, it takes 15 minutes to charge them via the 800-volt port for a range of around 400 km (~250 miles).