Porsche will add more than 1,400 new jobs as it revs up development of its first all-electric sports car to challenge Tesla Motors.
The new car, based on the company’s stunning Porsche Mission E concept shown at the Frankfurt Motor Show last year, is expected to share many styling cues with its 918 supercar.
Some 1,200 jobs alone will be added at facilities in and around its main factory in Stuttgart, Germany, the company said on Tuesday.
Some 900 positions will be created in production, 300 in development and 200 in administration for the project dubbed “J1,” the personnel chief Andreas Haffner said Tuesday in the brand’s hometown of Stuttgart, Germany.
Porsche is also seeking about 100 information-technology specialists, 50 digital experts and more apprentices, part of an industrywide hiring push as car makers try to compete with the likes of Google and Apple in connected-car technology.
“One can in fact describe what is going on now as a ‘war for talent,’” said the personnel chief Andreas Haffner. The sports car marque has doubled its global workforce to 26,200 employees since 2010 to keep up with booming demand for its Cayenne and Macan 4x4s.
Porsche is spending about €1 billion (Dh to introduce its first purely battery-powered sports car in 2019, a cornerstone of parent Volkswagen’s broader push to move beyond its emissions-cheating crisis by offering more low- and zero-emission vehicles. Based on the low-slung Mission E concept, the electric car will be produced at a new facility near the storied factory that manufactures the Porsche 911 sports car.
Porsche has been weighing bids from Panasonic and Robert Bosch to supply long-range batteries for the car, people familiar with the matter said in March. In April, the Volkswagen chief executive Matthias Mueller said Europe’s largest car maker is looking into starting its own battery production as part of the broader strategy overhaul through 2025.
business@thenational.ae
Follow The National's Business section on Twitter
Killing of Qassem Suleimani
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Killing of Qassem Suleimani
Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
- Jack the Ripper
- Barack Obama
- Helen Keller
- Joan of Arc
The specs
Engine: 3.5-litre V6
Power: 272hp at 6,400rpm
Torque: 331Nm from 5,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.7L/100km
On sale: now
Price: Dh149,000
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
more from Janine di Giovanni
The specs: 2018 Maxus T60
Price, base / as tested: Dh48,000
Engine: 2.4-litre four-cylinder
Power: 136hp @ 1,600rpm
Torque: 360Nm @ 1,600 rpm
Transmission: Five-speed manual
Fuel consumption, combined: 9.1L / 100km
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
Fifa%20World%20Cup%20Qatar%202022%20
%3Cp%3E%3Cstrong%3EFirst%20match%3A%20%3C%2Fstrong%3ENovember%2020%0D%3Cbr%3E%3Cstrong%3EFinal%2016%20round%3A%20%3C%2Fstrong%3EDecember%203%20to%206%0D%3Cbr%3E%3Cstrong%3EQuarter-finals%3A%20%3C%2Fstrong%3EDecember%209%20and%2010%0D%3Cbr%3E%3Cstrong%3ESemi-finals%3A%20%3C%2Fstrong%3EDecember%2013%20and%2014%0D%3Cbr%3E%3Cstrong%3EFinal%3A%20%3C%2Fstrong%3EDecember%2018%3C%2Fp%3E%0A
Killing of Qassem Suleimani
