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Porsche Insists The Mission E Is Not A Tesla Model S Rival

Mar. 26, 2018 2:52 PM ET by Martin Bigg / 8 Comments "Tesla is not a benchmark for us," says Porsche's CEO. Whenever a new performance EV is announced, comparisons to Tesla are inevitable. Right now, Porsche's first ever EV, the upcoming Mission E, is looking like it will be a formidable threat to the Tesla Model S when it launches in 2019. The luxury EV electric sedan will offer a combined output of 600 horsepower, a 0-62 mph time of less than 3.5 seconds, a top speed of 155 mph, and an electric range of over 300 miles on a single charge. Porsche These specifications position it as a direct rival to the Model S, but Porsche isn't happy about the Mission E being compared to Tesla's electric sedan. "Tesla is not a benchmark for us," Porsche CEO Oliver Blume stated at the company's press conference, as reported by Forbes, despite the fact the Model S is currently the only high performance electric sedan on the market. Ironically, however, Porsche was recently spotted benchmarking the Mission E with the Tesla Model X and Model S during testing, so Blume perhaps didn't choose his words very wisely. Blume's statement implies the Mission E will be in a completely different league to the Model S and set a new benchmark for electric sedans. Porsche Certainly, the Mission E's rapid charging time will set it apart from its rival, as the EV is expected to reach an 80 percent charge in 15 minutes when equipped with an 800-volt battery and in 40 minutes with its standard 400-volt battery. Porsche will also be entering the car in Formula E next year to learn more about the car's engine and thermal management systems to tweak the production models. It's all part of Porsche's massive $7.4 billion investment to help the automaker enter the electric range. By 2022, Porsche is planning to electrify a third of its lineup and introduce an all-electric SUV in addition to the Mission E and create a fast-charging network. Porsche Porsche Porsche

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