Porsche’s CEO, Olver Blume, confirmed the news, according to Top Gear: “By the middle of the decade, we want to offer our mid-engine 718 sports car exclusively in an all-electric form.”
However, while it will be an all-new development with a new platform (probably the PPE platform, shared with Audi), don’t think it will be a drastically different car. Blume said that the 718 will retain the “typical dimensions of a roadster.
The Mission R concept from last year serves as a preview to the electric 718s, coming with a 900 volt battery and two electric motors for all-wheel drive.
At the time, Porsche imagined it as a racer, so it produced a healthy 800kW in qualifying mode. In race mode, the motors produce a constant power output of 500kW. As a result, the Mission R will crack 100kmh from standstill in 2.5 seconds in full-power mode, and comfortably eclipse 300kmh.
The Mission R also featured something called Porsche Turbo Charging lets the car juice the battery from 5 to 80 per cent in 15 minutes at up to 340kW.
We wouldn’t expect the electric 718 twins to make this sort of power, but there is a chance they will come with AWD and RWD options. At the moment, the petrol-fed Boxster and Cayman models make anywhere between 221kW and 368kW, depending on model.
Obviously, a production Cayman would dial back the extreme racing car looks, but it will carry over the “electric front”, taken from the Taycan. The electric Boxster will also have a cloth roof rather than a metal one.
The electric 718s will be built on the same production line as the 911, which will be getting a hybrid version in the near future. Blume didn’t elaborate on if this will be a full hybrid or a plug-in hybrid system.
However, there aren’t any plans to fully electrify Porsche’s flagship. Blume said that Porsche’s work with synthetic fuels will help keep the combustion 911 going into the electric age.
At the moment, the plan is for half of Porsche’s sales to be battery-only or hybrid by 2025, which will include the fully electric Macan SUV as well as the 718 models.
Porsche is also preparing for an initial public offering, set to go ahead in the fourth quarter of this year. The IPO “could sharpen Porsche’s profile and boost its entrepreneurial options,” Chief Financial Officer, Lutz Meschke, said in a statement. “At the same time, Volkswagen and Porsche will be able to benefit from joint synergies.”