Volkswagen is making a $1 billion euro investment to manufacture the first ever all-electric sports car, creating more than 1,000 jobs for Zuffenhausen in Germany. The model, tentatively named Missio E, will be completely battery powered.
Volkswagen Making Up for Emissions Scandal
The new Mission E car could be an effort to dissuade the fact that Volkswagen is facing huge fees and recalls for their emissions test scandal. It so, it’s on the right track. The plan is to make the next generation of the Phaeton electric, as well as to expand the MQB modular production platform to focus on electric vehicles and plug-in hybrids.
The emissions scandal, which revealed that Volkswagen diesel models were giving false fossil fuel emissions readings, is costing the carmaker $7.3 billion. Audi is also affected by this, and was even forced to change the line up of executives to recoup. This is a pivotal time for Volkswagen and all of its flagship companies, as it isn’t likely that the car maker will recover sales immediately.
New Porche Mission E Will Have Over 600 Horsepower
The new Porche, Volkswagen declared, will have a range over 310 miles in an effort to bring the brand to the future. The Zuffenhausen plant and body shop will be extended in order to accommodate Mission E manufacturing. Other tasks will be handled by Porche’s development center in Weissach.
The Mission E will be the first of its kind, and an all electric sports car may be an attractive buy for anyone in the clean energy market. It’ll also make for excellent competition for plug-in hybrids and all electrics currently on the road. Despite the Volkswagen scandal, a lot of consumers trust in the brand Porche and on its team, regardless of who their parent company is. Hopefully, Audi will be able to bring something as enticing, and Volkswagen themselves can join in to make one collective effort to bounce back from the scandal.
