Porsche (VOWG_p.DE) will spend about 1 billion euros ($1.09 billion) to ready production facilities at its biggest plant for the advent of its first-ever all-electric sports car.

The Volkswagen-owned manufacturer said on Friday it will create more than 1,000 new jobs at its base in Zuffenhausen where a new paint shop and assembly line will be set up to build the battery-powered Mission E model.


(Reporting by Andreas Cremer; Editing by Arno Schuetze)

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Related Posts

Facebook Comments

Return to Top ▲Return to Top ▲