Stuttgart-based car manufacturer, Porsche, is set to introduce hybrid versions of all its models.
The sports car maker has stated that a plug-in hybrid of the popular 911 model with a range of 50 km will reach the market by the end of 2018.
Porsche will also invest $1.1 billion in production facilities at its biggest plant to build the new Mission E, its first-ever all-electric model. The Mission E, boasting more than 600 horsepower will have a range of over 500 km, will be in the market by 2020.
Porsche also confirmed that they are not looking into self-driving cars Speaking about the topic, Dr. Oliver Blume, Chief Executive of Porsche stated, "One wants to drive a Porsche by oneself. An iPhone belongs in your pocket, not on the road,"