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Porsche Aiming to Sell 20,000 Mission E Battery Sports Cars

Volkswagen AG brands battle it out for control of company’s EV efforts.

by on Nov.29, 2016

Workers at Porsche's Zuffhausen plant in Germany agreed to wage cuts in order to get the job of building the new Mission E.

Porsche is aiming for annual sales of about 20,000 Mission E battery-electric vehicles, according to the sports car brand’s chief executive officer.

That would make it one of the more important products in the company’s line-up and more than double the numbers needed to turn a profit, according to another company official.

Electrifying News!

The launch of the Mission E in 2019 is part of an aggressive transformation planned by the Volkswagen Group, currently the world’s largest automaker by sales volume. But news reports from Germany suggest that there is an internal battle brewing between various VWAG brands as they position themselves to take the lead in battery-electric vehicle development.

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