Porsche’s chief has predicted the upcoming Mission E electric supercar will make up 10 percent of the company’s sales.

After it launches in 2019, the 600-horsepower Mission E will make for one out 10 of its cars sold globally, said CEO Oliver Blume.

“We have calculated a quantity in the order of about 20,000 for the Mission E,” CEO Oliver Blume told Automobilwoche, an affiliate of Automotive News.

Porsche first revealed the Mission E concept at the 2015 Frankfurt auto show. Porsche said the supercar will be able to go from 0 to 100 kph (62 mph) in under 3.5 seconds, beating the Porsche 911’s 4.2 seconds. The company has said the Mission E will have a driving range of more than 500 km (310 miles) per charge.

The automaker is spending about 1 billion euros ($1.1 billion) to introduce the all-electric car. The Mission E will be built at its Zuffenhausen plant in Stuttgart, Germany.

Mission E will be an important part of Porsche, and parent company Volkswagen Group, emerging from the diesel emissions reporting cheating scandal.

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Porsche’s labor boss Uwe Huck has said that the automaker needs to sell at least 10,000 Mission Es a year to make a profit. CEO Blume’s target is twice that sales volume.

If the Mission E reaches 20,000 units sold for the year, it would be about a quarter of the volume achieved by the Macan SUV, the brand’s top-selling model. That Macan makes up about 40 percent of all Porsche sales.

Last year, the German automaker’s global vehicle sales rose 19 percent to 225,121 sports cars and SUVs.

Automotive News


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