Porsche's Offering At $99,000 Will Compete Against The Premium End Of Tesla's Model S Lineup
In debuting the Panamera S E-Hybrid in a company film (above), Porsche seems fairly enthusiastic about its upcoming entry into the plug-in universe.
At least as enthusiastic as you can expect from a bunch of German engineers talking to the public.
"The decision to build a plug-in was really very rationale - we wanted to improve fuel economy," says Dr. Matthias Lederer, General Manager of Energy Management explains, barely containing his excitement like only a German can.
"But now what is quite noticeable is that it offers a very different sort of emotional driving experience than in a conventional vehicle."
As a refresher the Panamera S E-Hybrid has a top speed in all-electric mode of 130 km/h (81mph) and has an all electric range of 36 km (22 miles) via a 9.4 kWh lithium battery. Total output combined is 410 hp and the vehicle has an estimated 0-62mph time of about 5.5 seconds.
Porsche Panamera S E-Hybrid Interior
The 2014 Panamera S E-Hybrid will be available starting in August starting at $99,000. For comparison, the Panamera S (non-hybrid, non-plug-in) starts at $93,200.
While we don't see the Porsche as a direct threat to Tesla business, the California maker of the Model S now at least has someone competing for those premium plug-in dollars.