Mission E confirmed: The supervisory board of the Porsche AG gave the green light for the Mission E project. Porsche will build a production version of the all-electric concept car, first revealed at the Frankfurt Motor Show back in September. The carmaker says around 700 million euros will be invested and more than 1,000 new jobs will be created at its HQ in Stuttgart-Zuffenhausen. The electric sports car will have a range of more than 500 km and should arrive at dealerships by 2020.
porsche.com, autonews.com, autocar.co.uk
Aston Martin partners with LeTV: The two companies have signed a MoU for the development of connected electric vehicles and smart vehicle technologies. Aston Martin’s first EV, the RapidE, will feature LeTV technology and will debut at the CES in January.
Tesla cancels Detroit appearance: The EV pioneer will not attend the Detroit Auto Show. The event is said to be too costly, especially since Tesla is not even allowed to sell its vehicles in Michigan.
SAIC-GM expands electric portfolio: The joint venture wants to introduce ten electrified models to the Chinese market by 2020. Scheduled for 2016 are the Cadillac CT6 PHEV, the Chevrolet Springo, which is based on the Chevy Volt, and the Buick D2JBI, an Extended Range Electric Vehicle (EREV).
Lexus to debut LC500: Motoring reports that Lexus will finally reveal the car at the Detroit Auto Show in January. The Lexus LC 500 will also be available with a hybrid V6 powertrain (LC 500h), said to boast nearly 400 kW. Moreover, the drivetrain was redesigned to improve heat efficiency and fuel economy.
Audi gets new technical boss: Stefan Knirsch will replace Ulrich Hackenberg, whose head is the latest to roll following the VW diesel scandal. Since 2013 Knirsch worked as Head of Powertrain within Audi and will now need to help Audi enter the age of electric mobility.
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