Bermaz bags Xpeng distributorship in Malaysia - premium EV brand likely to kick off local range with G6
Home News Auto News Porsche Doubling Electromobility Investment To EUR6.0-Billion Porsche Doubling Electromobility Investment To EUR6.0-Billion Auto News Arvind | February 07, 2018 05:14 pm In one of its biggest ever development plans, Porsche has pledged to invest more than six billion euros, by 2022, towards electromobility, focusing on both plug-in hybrids and purely electric drivetrains and infrastructure for its future vehicles.Oliver Blume, Chairman of the Executive Board of Porsche AG explains, “We are doubling our expenditure on electromobility from around three billion euro to more than six billion euro. Alongside development of our models with combustion engines, we are setting an important course for the future with this decision”.The decision was confirmed during the recent meeting of the Supervisory Board, which includes around three billion euro of investment in material assets, and slightly more than three billion euro in development costs.From the additional sum of three billion euro, some 500 million euro will allocated for the development of Mission E variants and derivatives, around one billion euro for electrification and hybridisation of the existing product range, several hundred million for the expansion of sites, plus around 700 million euro in new technologies, charging infrastructure and smart mobility.In Porsche’s main factory in Zuffenhausen, a new paint shop, dedicated assembly area and a conveyor bridge for transporting the painted bodies and drive units to the final assembly area are currently being constructed.The existing engine plant is being expanded to manufacture electric drives and the body shop will also be developed. Investment is also planned for the Weissach Development Centre. The Mission E project has created approximately 1200 new jobs.In terms of infrastructure, Porsche, along with Audi, represent the Volkswagen Group in Ionity, a joint venture with the BMW Group, Daimler AG, and Ford Motor Company.The goal of this venture is to construct and operate 400 powerful rapid charging stations along the major European traffic routes by 2020. Construction began back in 2017. To complement the work of Ionity, the Porsche dealer network is becoming part of a nationwide rapid charging infrastructure. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags porsche Print Related News Penangites, You Can Now Buy And Service Your Porsche In Penang Auto News Hans | March 16, 2017 In the past, if you live somewhere in the Northern region of Peninsular Malaysia and wanted a Porsche, there are only two options – you can either ... Video: The Joys Of Working In Porsche Live Life Drive Kon | April 05, 2017 Many car enthusiasts dream of working for a car maker, and we reckon the chance to work at Porsche tops many of our wish list. Certainly, none of us ... Porsche Patents Active Rear Diffuser Auto News Eric | May 04, 2017 Porsche could be introducing an active rear diffuser to accompany its dynamic rear wing on selected models, as the company has just filed for a ... Class Notes: Porsche Media Driving Academy 2017 – Professional Course Insights Kon | August 09, 2017 Practice makes perfect, and where driving is concerned, there can never be enough especially when it comes to honing the finer elements of car ... Comments
Porsche Doubling Electromobility Investment To EUR6.0-Billion Auto News Arvind | February 07, 2018 05:14 pm In one of its biggest ever development plans, Porsche has pledged to invest more than six billion euros, by 2022, towards electromobility, focusing on both plug-in hybrids and purely electric drivetrains and infrastructure for its future vehicles.Oliver Blume, Chairman of the Executive Board of Porsche AG explains, “We are doubling our expenditure on electromobility from around three billion euro to more than six billion euro. Alongside development of our models with combustion engines, we are setting an important course for the future with this decision”.The decision was confirmed during the recent meeting of the Supervisory Board, which includes around three billion euro of investment in material assets, and slightly more than three billion euro in development costs.From the additional sum of three billion euro, some 500 million euro will allocated for the development of Mission E variants and derivatives, around one billion euro for electrification and hybridisation of the existing product range, several hundred million for the expansion of sites, plus around 700 million euro in new technologies, charging infrastructure and smart mobility.In Porsche’s main factory in Zuffenhausen, a new paint shop, dedicated assembly area and a conveyor bridge for transporting the painted bodies and drive units to the final assembly area are currently being constructed.The existing engine plant is being expanded to manufacture electric drives and the body shop will also be developed. Investment is also planned for the Weissach Development Centre. The Mission E project has created approximately 1200 new jobs.In terms of infrastructure, Porsche, along with Audi, represent the Volkswagen Group in Ionity, a joint venture with the BMW Group, Daimler AG, and Ford Motor Company.The goal of this venture is to construct and operate 400 powerful rapid charging stations along the major European traffic routes by 2020. Construction began back in 2017. To complement the work of Ionity, the Porsche dealer network is becoming part of a nationwide rapid charging infrastructure. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags porsche
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Penangites, You Can Now Buy And Service Your Porsche In Penang Auto News Hans | March 16, 2017 In the past, if you live somewhere in the Northern region of Peninsular Malaysia and wanted a Porsche, there are only two options – you can either ...
Video: The Joys Of Working In Porsche Live Life Drive Kon | April 05, 2017 Many car enthusiasts dream of working for a car maker, and we reckon the chance to work at Porsche tops many of our wish list. Certainly, none of us ...
Porsche Patents Active Rear Diffuser Auto News Eric | May 04, 2017 Porsche could be introducing an active rear diffuser to accompany its dynamic rear wing on selected models, as the company has just filed for a ...
Class Notes: Porsche Media Driving Academy 2017 – Professional Course Insights Kon | August 09, 2017 Practice makes perfect, and where driving is concerned, there can never be enough especially when it comes to honing the finer elements of car ...