Porsche intends to sell the production version of its electric Mission E sedan concept for around the same price as a Panamera when the EV arrives before the end of 2019, company boss Oliver Blume tells Car. At least in the United States, this means buyers should expect base prices of about $85,000 when the model hits the market.

If Porsche can hit this price target, than the Mission E’s cost would sit in between the existing $79,500 Tesla Model S 75D and $99,000 100D. However given the rapid evolution of Tesla’s vehicles, there could be completely different versions of the Model S available in 2019.

According to Car, Porsche intends to offer the production Mission E in multiple power outputs, and they would carry the brand’s existing model badging, like S and GTS trims. If the vehicle is a success, different body styles could join the lineup later. Imagine how cool a Mission E Sport Turismo wagon might look.

Gallery: Porsche EV to keep most of Mission E's design, specs

“We are in series engineering phase,” Blume told Car. This suggests that test mules might hit the road soon. Once the camouflage comes off, expect a sedan that looks a lot like the concept. “It is very close to what you saw two years ago at Frankfurt. It will be exciting but a bit different from the concept,” Blume said. We anticipate one of the changes to be a switch from suicide doors to more conventional hinges. Inside, the cabin might feature high-tech holographic instruments, according to Car.

In concept form, the Mission E packed an all-wheel-drive electric powertrain with 590 horsepower (600 kilowatts) and a battery providing an estimated 310-mile (500-kilometer) NEDC range. The powertrain allowed the sedan to reach 62 miles per hour (100 kilometers per hour) in 3.5 seconds and lap the Nürburgring in less than 8 minutes.

Porsche will 700 million euros ($838 million) to build a dedicated factory and paint shop for the Mission E and potentially future EVs. The automaker will also spend some of the money to update its engine plant for building electric motors. The expansion will add around 1,400 employees to the company’s ranks.

Around €700m are being invested in the site, with a new assembly plant on the way and the engine factory being expanded for the production of electric motors.

Source: Car

Gallery: 2015 Porsche Mission E concept

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