Porsche Spent Big Bucks In 2016 On R&D For Future Plug-In Vehicles

Mar 25, 2017 at 4:00pm ET

By: Mark Kane

Porsche Mission E

Heavy investments made on electrification suggest that Porsche will be becoming a more frequent guest when it comes to plug-in news.

In 2016, the company spent €2.2 billion ($2.4 billion) on R&D in three areas:

In the not so distant future, the plug-in Panamera and Cayenne should be joined by new models.

After the new Panamera 4 E-Hybrid arrives in a about a month, we will see refreshed Cayenne PHEV, then the performance Mission E in 2019 (which Porsche expects to build 20,000 of per year), and hopefully also a new 918 Spyder...at some point.