Porsche Revving Up All-Electric Sports Car

The electric sports car scene is heating up with Porsche 's confirmation of a new all-electric sports car based on its Boxster. The company is conducting daily tests of three research cars to study battery systems and electric drive components. Porsche President and CEO Michael Macht said in a statement that Porsche will "definitely be offering electric sports cars in the future," but that the performance and cruising range must be comparable to existing sports cars. Greater efficiency and lower emissions are the company's goals for the new vehicles.