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

7 months ago by Mark Kane 6

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.

2018 Porsche Panamera Turbo S E-Hybrid

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

  • plug-in hybrid vehicles
  • all-electric Mission E
  • overall digital transformation

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.

source: Green Car Congress

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6 responses to "Porsche Spent Big Bucks In 2016 On R&D For Future Plug-In Vehicles"

  1. Big Solar says:

    20,000 per year Mission E at 325000 each. High hopes.

  2. CLIVE says:

    Baby Boxster E Please

    1. ffbj says:

      That would be sweet! Something to challenge the v2 roadster.

  3. ItsNotAboutMoney says:

    Well, “overall digital transformation” doesn’t mean EV.
    And not all “plug-in hybrid” means EV.
    And not all Mission E is EV.
    So, we don’t know how much they actually spent on EV.

  4. ffbj says:

    I like this site for the active commentary section, some may say too active, but one could learn a lot by reading what people say
    about what is going on.

    So congratulations and thanks for all the comments.

  5. bogdan says:

    Porsche spent 2 billions and then realized: we can’t beat Tesla, it still goes faster!