Porsche and Audi have strengthened their cooperation on electric vehicle development. The aim is to create a pioneering architecture called the Premium Platform Electric (PPE) and to allow the companies to put electric vehicles on the market more quickly.

Project centres have been founded in Ingolstadt and Weissach for the shared project, from which altogether three new model families are due to be developed. Two of the three planned vehicle projects, each of which encompasses models by both manufacturers, are led by Audi and one by Porsche. Currently, around 550 Audi and 300 Porsche developers are working on the project with this number rising.

The first models based on the PPE are planned for the end of 2021. Beforehand, in 2018 and 2019, the e-tron and Mission E production models will be the first electric models of the two premium brands to be launched.

Porsche is investing more than six billion euros in electromobility. This is a doubling of the previously planned investment.

Since the launch of the Panamera hybrid models, around 60 percent of all vehicles in the series have been delivered in this form.