Porsche is spending a whopping £900m on developing the new EV technology for the Mission E as well as building a new facility in Stuttgart to construct the car. The whole endeavour will create more than 1,000 jobs.

The development work on the Mission E is being done at Porsche's Weissach development facility, where most of the company's iconic modes have been honed and tested. Of course, with the new car being such a different proposition, that too has needed investment in the latest equipment and technology.