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Porsche says half of its sales will be electric by 2023

Porsche, whose presence in the plug-in vehicle market has been pretty minimal, now plans to substantially boost its commitment to electric vehicles in the next few years. The German luxury automaker intends to dedicate up to half its annual production to electric vehicles by 2023, Electrek reported, citing comments CEO Oliver Blume made to German publication Manager Magazin. Specifically, the company says it will be able to produce as many as 60,000 EVs annually from its Zuffenhausen factory in Germany. First and foremost will be Porsche's Mission E, which is slated to debut in 2019. That model will be able to go about 310 miles on a full charge (via the more generous New European Driving Cycle, or NEDC). Porsche first showed off a concept version of that 590-horsepower beast at the Frankfurt Motor Show in 2015. The company hasn't hinted at pricing for the car, which will have a 90-kilowatt battery and will jet from 0 to 60 miles per hour in a tidy 3.5 seconds, but expect it to be well into six figures. Porsche also plans an all-electric version of the Macan, its biggest seller. But Porsche's math indicates bigger plans than that. Porsche delivered nearly 238,000 vehicles last year, so an output of 60,000 EVs at Zuffenhausen is only a quarter of the total, not half. You can assume then that Porsche has plans to electrify other models that it hasn't announced yet, built at other factories. It might also be counting hybrids in its "half" projection. Last month, Porsche decided to discontinue its plans for a plug-in hybrid variant of its iconic 911 model, suggesting a temporary pullback of sorts. Then again, in April, reports surfaced that Porsche and Audi, both owned by Volkswagen, were collaborating on vehicle-electrification technology as well as autonomous driving advancement. Porsche's green-car sales have been so thin that Autoblog last year officially pulled the German automaker off of its monthly green-car sales tally. For 2015, the most recent year we tracked, Porsche sold 1,738 plug-in vehicles, about the same as 2014. Related Video: Featured Gallery Porsche Mission E Concept: Frankfurt 2015 View 37 Photos News Source: Electrek, Manager MagazinImage Credit: Drew Phillips Green Audi Porsche Volkswagen Electric mission

Porsche employees take pay cuts so they can build Mission E

Porsche's 13,000 workers in Zuffenhausen, Germany, agreed to work more and at adjusted wages to ensure that the factory can build the production version the Mission E electric performance sedan. Their sacrifices could save the German sports car maker several hundred million euros, according to Reuters. The Zuffenhausen site was possibly in danger of losing the Mission E because workers there receive higher wages than Porsche's other factories. The specific savings from these concessions reportedly include increasing the workweek by one hour to 35 hours and eliminating portions of pay increases between 2016 and 2025. Porsche didn't officially confirm the precise cuts, but a spokesperson told Reuters: "Employer and employees have jointly drawn up measures that have led to the decision of producing the Mission E model at Zuffenhausen." Porsche plans to invest about $768 million into the Zuffenhausen factory over the coming years. That money will help create over 1,000 new jobs and will build a new paint shop, assembly plant, and upgrade the engine factory to produce electric motors. The expansion will also allow the company to move all production of the Cayman and Boxster to Zuffenhausen by August 2016 rather than the current strategy of outsourcing some of the models' assembly to Osnabruck, Germany. The Mission E should enter production by 2020, and Porsche Executive Board Chairman Dr. Oliver Blume promises it to be the "most sophisticated model in this market segment." The concept at the 2015 Frankfurt Motor Show offered a glimpse at the next-gen technology by presenting a swoopy EV sport sedan with all-wheel drive and a total of 590 horsepower from two electric motors. Porsche claimed the concept could reach 62 miles per hour in just 3.5 seconds and go nearly 311 miles on the European testing cycle.

2016 Porsche 911 R First Drive

Competition has forced the 911 GT3 RS to prioritize lap times over driving enjoyment. The 911 Carrera line has softened, now full of GT cars rather than the wild children of yore. Turbocharging is hitting the rear-engine Porsche en masse. All of this gave Porsche Motorsport a vacuum of emotion and purity to fill with just 991 examples of its glorious 911 R, a machine focused on putting unadulterated feel and enjoyment back into driving. Even amongst the diehard Porsche fraternity, just going faster doesn't work for everybody. They don't all want the thrill that comes from a high-downforce car running out of grip inches from a concrete wall. Not everybody loves suspensions so tied down that the slightest bump threatens the front splitter's continued existence. And many don't love turbochargers or want a computer to shift gears for them. Fortunately, just such people live, breathe, and work at Porsche Motorsport. This part of the company makes its living building Porsche's fastest machines, like the Cayman GT4 and the 911 GT3 and GT3 RS. But in an era when the bulk of Porsche's profits come from SUVs, Porsche Motorsport also sees itself as the guardian of the parent company's soul. Motorsport has enough pull that when it tells Porsche's board it needs a car like the 911 R the board listens. The quickest way to turn the 911 into a driver-connected car was to pull the weight out, and the easiest way to do that was to use the 911 GT3 RS as the basis. So it gets that car's magnesium roof, polycarbonate side and rear glass, carbon-fiber bonnet and front fenders, and lots of aluminum. The air conditioning got thrown out (you can pay to put it back in), as did the multimedia screen (ditto), the audio and navigation systems (ditto, ditto), the rear seats, and even the interior door handles. Cloth straps replace the latter so you can still get out of the car. At 3,020 pounds, the R is 110 lighter than the race-bred GT3 RS. Eschewing turbocharging in the interest of car-lover must-haves like induction noise, butterfly chirps, intuitive throttle response, and purity of sound, the 911 R simply borrowed the GT3 RS's 4.0-liter flat-six. So there's 500 horsepower of engine playing for keeps, the car ripping to 60 mph in 3.7 seconds from a standing start, hitting 124 mph in 11.6 seconds, and continuing on to 201 mph thanks to the lack of a monster, drag-inducing rear wing. The dry-sump engine revs and revs and feels like it wants to keep revving forever.