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Official reports have emerged about the imminent arrival of Porsche’s electric car known as the 2019 Porsche Mission E.

The vehicle goes on sale in 2019 with a starting tag of $85,000, according to the chairman of Porsche, Oliver Blume. This starting price places the new Porsche Mission E in the same spot as the entry-level Panamera.

The Porsche made a formal revelation of its Mission E concept in September 2015 at the Frankfurt International Motor Show. Back then, the company had promised a range of up to 250 miles in addition to many other innovative features. The vehicle brings an all-electric engine and is reported to occupy a slot between Panamera and 911 in the Porsche cars lineup.

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2019 Porsche Mission E will be priced like Panamera

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