It would seem that Porsche is serious about developing electrified vehicles , so much so , that it 's willing to sacrifice big jumps in profits to fund the investment . After significantly upgrading its Zuffenhausen plant , the company will build the Mission E electric vehicle there in 2020 . " Therefore it 's clear that we can no longer carry out major checks on results , " said CEO Oliver Porsche about the automaker 's financial growth , speaking to Bloomberg . Blume said Porsche has " many new products in the pipeline ” , and he wants as many of those as possible available with some level of electrification . In addition to the Mission E , there are rumours the company may launch a 911 plug - in hybrid within the next two years .
It would seem that Porsche is serious about developing electrified vehicles, so much so, that it's willing to sacrifice big jumps in profits to fund the investment. After significantly upgrading its Zuffenhausen plant, the company will build the Mission E electric vehicle there in 2020. "Therefore it's clear that we can no longer carry out major leaps on results," said CEO Oliver Blume about the automaker's financial growth, according to Reuters. Blume said Porsche has "many new products in the pipeline”, and he wants as many of those as possible available with some level of electrification. In addition to the Mission E, there are rumours the company may build a 911 plug-in hybrid within the next two years.