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Porsche Is Building a Tesla Competitor (bloomberg.com)
An anonymous reader writes: Back in September, Porsche unveiled a prototype for an electric vehicle. They were trying to gauge interest and figure out if they have the technical know-how to build one. Now, they've made the decision: Porsche's "Mission E" project will put an all-electric vehicle on showrooms by the end of the decade. Wolfgang Porsche said, "With Mission E, we are making a clear statement about the future of the brand." This is a reference, of course, to Porsche's parent company, Volkswagen, which has been in trouble for tampering with emissions standards recently.
This is the reason.
It's safe to let some American start up test the waters. If it's all good then the Big Boys will start producing real cars and move in.
Americans can't make decent cars. No American manufacturer can hold a candle to the Japanese, let alone the Europeans.
Case in point...your 300 bhp v8 truck. If it's American it's safe to say the engine is anything from 5-7 litres in displacement. If you gave a European engineer 5 litres to play with you'd end up with a damn sight more than 300bhp, probably nudging 500-550 reliable horses.
No American car can handle worth a damn either, and their finish is awful.