Porsche Panamera
After introducing its Panamera 4 E-Hybrid at the Paris auto show this year, Porsche is reportedly doubling down on its efforts to roll out a fully electric vehicle by 2020. Benoit Tessier

After showcasing its Mission E as a concept car during last year’s International Motor Show in Frankfurt, Porsche is now serious in rolling out its fully electric car to the world. As per a new report, Volkswagen’s subsidiary is aiming to sell around 20,000 Mission E models when the car is officially released a few years from now.

Citing an article by German news site Automobilwoche, Business Insider reported Monday about Porsche’s plans for its first fully electric vehicle. The company, which is mostly known for its high-performance sports cars, SUVs and sedans, is reportedly doubling down on its efforts to release the Mission E by 2020.

Should Porsche’s plans push through, Tesla Motors could finally be getting some serious competition. Though the German automaker has yet to reveal the official features of the car, the Mission E concept car gave a glimpse of what consumers can expect to see fours years from now.

The Porsche Mission E is reportedly sporting an advanced lithium-ion battery that extends the full-length of the bottom of the vehicle. The battery can be charged in two different ways: the first one is by connecting the hidden port at the front fender to a conventional charging station using a cable and the other one is via inductive charging. The latter only requires one to position the car above the charging base plate in a garage.

Porsche’s upcoming EV is an all-wheel-drive with two motors capable of unleashing 600 hp. With a full charge of the battery, the Mission E can last for up to 310 miles. This is already pretty impressive knowing that the Tesla Model S has a range of 270 miles per a single charge. What makes the Porsche EV even more interesting is the fact that it can drive for up to 250 miles with just 15 minutes of charging.

Another advanced feature that was showcased by the concept car refers to the windshield display. Because it does not have side mirrors, the car has cameras that monitor the surroundings and display them on the lower corner of the windshield. The same display could also be used in viewing augmented safety information about the area where the car is running.

There is also a camera inside the vehicle that monitors the eye movement of the driver. The system tracks where the driver is looking on the dashboard, so that it could assist the driver with the controls of certain features. There is also another upside to this technology; when the driver changes the position of his or her seat or if he or she is leaning to the side, the controls and different instruments of the Mission E also adjust to ensure optimum convenience while driving.

The news about Porsche’s plans for its Mission E vehicle comes months after Reuters found out that the company was creating more than 1,400 jobs as part of its efforts to bring the zero-emission model to consumers. The 1,400 jobs comprise 900 production staff, 300 workers and 200 engineers.