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Porsche to rival Tesla with EV model

Tue, 10/28/2014 - 14:20 -- Laura Varriale
Porsche car

Porsche is to develop an electric vehicle to compete with Tesla’s model S, according to German media outlet Manager Magazin.

Details of the German car marker's first-ever series production electric car remain undisclosed. The model will likely feature a lithium-ion battery developed jointly with Audi. The all-electric driving range is aimed to be about 250 miles. The model will be available with a choice of rear- and all-wheel drive.

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