Porsche Fast-Tracks Mission E Tesla Rival, Boosting Workforce With 1,400 New Hires

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#Porsche #TeslaPorsche Fast-Tracks Mission E Tesla Rival, Boosting Workforce With 1,400 New Hires : Porsche plans to massively increase the number of job openings in its first all-electric vehicle project, as part of parent Volkswagen’s (VW) plan to bleach its image after the emissions scandal.

Porsche, which is the second contributor to VW’s profit, affirmed that it aims to create a minimum of 1,400 jobs for developing, crafting and selling its battery-powered Mission E car.

The Mission E is gunning for Tesla’s Model S market, and the German carmaker touts that its first electric vehicle will roll out in 2019.

In a previous estimation, Porsche said that it will expand its workforce at the Stuttgart-Zuffenhausen facility with more than 1,000 new workers.

The company wants to hire an additional 350 digital specialists that would build mobility concepts and uncover new business areas. The digital-oriented jobs are mirroring a shift in strategy that is in place at Audi, VW’s luxury branch.

The company affirms that it wants to build a new paint shop and assembly line at the Stuttgart-Zuffenhausen location and mentioned that the development of the Mission E will cost it an estimated €1 billion ($1.1 billion).