Porsche has unveiled the Mission X, a new electric hypercar concept, which the automaker says could be the fastest road-legal vehicle ever to do a lap around the famous Nürburgring racetrack… if it goes into series production.
Porsche says the Mission X has an “ultra high-performance, efficient electric powertrain,” but though it doesn’t give tech specs, it gives us an idea of what they might be. The design considerations for this car include these points, which we’ll break down one by one:
Be the fastest road-legal vehicle around the Nürburgring Nordschleife
Have a power-to-weight ratio of roughly one hp per 2.2 lbs
Achieve downforce values that are well in excess of those delivered by the current 911 GT3 RS
Offer significantly improved charging performance with its 900-volt system architecture and charge roughly twice as quickly as the current Porsche frontrunner, the Taycan Turbo S
The first point is Porsche’s most common benchmarking method for its vehicles. Nürburgring Nordschleife, also known as “The Green Hell,” is a famously long and difficult track that runs through the Eifel forest in Germany. Recently, Porsche has been in a battle with Tesla over whose electric car is fastest around the track, and Tesla just struck back at Porsche to take back the record this past week.
Porsche would like to get that record back, but it sounds like it’s not just throwing down the gauntlet at Tesla but at all other cars. Tesla’s new production EV record 7:25 time is respectable (slotting near the Lamborghini Aventador, Ferrari Enzo, Mercedes AMG Black, and KTM X-Bow R) and is ten seconds ahead of Porsche’s previous EV record (but well behind the NIO EP9’s “production” EV lap record). However, Tesla is still nearly a minute off the plug-in hybrid Mercedes AMG One’s record of 6:30.705 for a street-legal vehicle.
But the AMG One is 1,049 hp in a 1,695 kg (3,737 lb) package. That’s powerful but also heavy, and weight is a killer in racing, especially around the curves that make up about five minutes of that six-minute Nürburgring lap. So that’s where the Mission X’s power-to-weight ratio comes in, and if Porsche meets its intentions, it’ll be a doozy.
A power-to-weight ratio of 1 horsepower per 2.2 lbs – or 1 hp/kg – is almost unheard-of, especially in road-legal vehicles. Only a few low-production hypercars have managed to achieve this feat, though most rely on forced induction (turbocharging). The Lotus Evija is the only other electric car claiming a similar power-to-weight ratio (1,970 hp in a 1,680 kg package).
High downforce is also a key component of racing, allowing cars to stick to the road better around turns at high speeds. Porsche says the Mission X will have more downforce than the GT3 RS, which is the best in the business at 409 kg (900 lbs) of downforce at 200 km/h (124 mph).
The Mission X will use active aerodynamics, so you have downforce when you need it and not when you don’t. This helps boost speeds on long straights (like the very long straight at the end of each Nürburgring lap) but also helps improve aerodynamic efficiency, which means less energy wasted, less battery needed, and more weight saved for more performance.
And lastly, Porsche wants to improve on its fast-charging performance from the Taycan, the current fastest-charging car on the road, by upgrading to a 900-volt system (like that seen on its previous Mission R concept) and doubling the Taycan’s peak 350 kW charge rate.
While we haven’t seen road cars capable of more than 350 kW, there have been proposals for 600 kW and 700 kW charging in Formula E and Electric GT racing, respectively. So if Porsche is targeting the Mission X as a racing monster, these are the numbers it would need to aim for.
The Mission X’s entire body is made of a carbon fiber reinforced plastic (CFRP) “exoskeleton.” CFRP is an expensive but light material that helps to keep power-to-weight ratios high. Carbon fiber body panels have been used on other EVs, namely the Tesla Roadster and CFRP in the BMW i3 and i8, and the Mission X’s forebear, the Carrera GT, had carbon fiber body panels as well.
The interior is driver-focused, with an asymmetrical design and color touches indicating such. The “yoke” steering wheel is reminiscent of racing wheels, featuring an open top for visibility, mode switches, and shift paddles (though Porsche makes no other mention of transmission in its press release).
And the battery is placed in a part of the car that we don’t see often anymore – behind the driver, instead of underneath. Most EV makers put batteries at the bottom of the car to help reduce the center of gravity, which is important for performance. But Porsche chose to put it behind the driver in the Mission X.
This means a slightly higher center-of-gravity but allows for a vehicle that is otherwise shorter – a height of 47.2 inches, just an inch and change taller than Porsche’s previous 918 and Carrera GT (and three inches taller than the original Tesla Roadster, which also carried the battery behind the driver).
It also makes for more traditional vehicle handling. Racing-focused cars are traditionally built with a mid-engine layout, where the heaviest part of the vehicle is behind the driver and in front of the rear axle. This enhances traction but reduces rotational inertia, which helps cornering ability. Housing the battery in that position will give a more traditional handling feel compared to the flat and low batteries of most road EVs these days.
Porsche has not yet committed to production officially. However, one line in its press release suggests this vehicle is likely to make its way into production in some form. Usually, concept cars make no mention of series production, but Porsche explicitly says, “If the Mission X goes into series production, then it should…” before listing the car’s capabilities. This explicit callout to series production suggests that this is more of a possibility than in the case of most concepts.
Further, the name is similar to Porsche’s Mission E, which was the concept name for what eventually became the Taycan. That concept attracted plenty of excitement and eventually made it to production, and this feels like an intentional callback.
If it were to make it to production, it would do so as the latest entry in a storied list of low-production Porsche hypercars. It started with the Porsche 959, which was designed as a Group B rally car and ended up selling about 300 units to the public. Then came the Carrera GT, a 1,500-unit line that is thought of as one of the ultimate drivers’ vehicles of all time.
And more recently, the Porsche 918 plug-in hybrid brought electrification to the world of hypercars, with only 918 units made (carrying a base price of $845k). This was the first road vehicle to break the seven-minute barrier at Nürburgring. But its power-to-weight ratio was about 0.5 hp/kg, so the Mission X offers twice the relative power as its immediate predecessor.
All of these cars commanded high prices, and given the specs of the Mission X, we can imagine it would fit more into this market than into any of Porsche’s more common mass-production vehicles.
What do you think of the Mission X concept? Will Porsche make it? Can it deliver on its promises? Do you have seven figures of cash burning a hole in your pocket and are ready to order one? Let us know in the comments below.
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The luxury carmaker channeled its inner superhero with this one. Genesis unveiled the new GV60 Mountain Intervention Vehicle (MIV) this week in Switzerland, an off-road EV that can climb mountains. The concept is designed for extreme rescue missions. Check it out below.
Meet the Genesis GV60 MIV rescue EV concept
Genesis showed off the new GV60 MIV this week at the World Economic Forum (WEF) in Davos, Switzerland. Crowds lined up to see it at the AMERON Davos Swiss Mountain Resort, not far from the WEF venue.
Based on its first dedicated EV, the GV60, the concept is designed to tackle extreme terrain and weather on rescue missions.
The purpose-built vehicle gains off-road elements like snow tracks and medical and emergency communication systems for rescue missions on mountains or other extreme terrain. Other upgrades include a custom heavy-duty roof rack and rear hatch rack.
Genesis added large carbon fender flares to warn those nearby and protect the vehicle from damage in extreme weather.
With a fully electric powertrain, the Genesis GV60 MIV has no tailpipe emissions, protecting the environment. It’s also nearly silent, with minimal noise pollution.
Inside, the off-road electric SUV includes custom sports seats, adding to the GV60’s already impressive interior design.
The concept follows the upgraded GV60, revealed earlier this month. Genesis updated it with redesigned front and rear bumpers, more tech, and added luxury.
Like the new 2025 Hyundai IONIQ 5, based on the same E-GMP platform, the upgraded GV60 is expected to feature a bigger battery providing more range. Powered by an 84 kWh battery, the 2025MY now has up to 318 miles range, up from 303 miles in the outgoing model (77.4 kWh battery).
The 2025 Genesis GV60 starts at $52,350 in the US and has a range of up to 294 miles. Once the upgraded model arrives in 2026, the electric SUV could have a range of up to 300 miles.
2025 Genesis GV60 trim
Range (EPA-est)
Starting Price*
Standard RWD
294 miles
$52,350
Standard AWD
264 miles
$55,850
Advanced AWD
248 miles
$60,900
Performance AWD
235 miles
$69,900
2025 Genesis GV60 prices and range by trim (*excluding $1,350 destination fee)
What do you think of the GV60 MIV? Should Genesis get these onto the mountains? Or should it stick to on-road luxury cars? Let us know in the comments.
A ship carrying liquefied natural gas (LNG) is towed out of the Port of Rotterdam on January 13, 2025 in Rotterdam, Netherlands.
Pierre Crom | Getty Images
Natural gas exporter Venture Global will begin trading Friday in the first major initial public offering under the Trump administration, testing investor appetite for energy stocks as the White House looks to implement a sweeping agenda aimed at boosting oil and gas production.
“The Trump administration has made very clear they support growing LNG exports,” Venture CEO Mike Sabel told CNBC in an interview Friday.
Venture Global is currently the second-largest LNG exporter in the U.S. behind Cheniere. Venture priced its initial public offering of 70 million shares at $25 to raise $1.75 billion for a total valuation of $60.5 billion.
This is far below the company’s original target. Venture had originally planned to offer 50 million shares in a range of $40 to $46, which would have raised about $2.2 billion at the midpoint for a total valuation of $110 billion.
Still, Venture’s IPO is the largest by an oil and gas company in a decade and the fourth-largest since 2000. At a valuation of around $60 billion, it would be the tenth-largest publicly traded energy company.
Venture is locked in arbitration with customers, including majors such as Shell, over contracted deliveries from its Calcasieu Pass plant in Louisiana.
President Donald Trump on Monday declared a national energy emergency and issued an executive order overturning the Biden administration’s pause on new LNG export projects, removing a potential obstacle to Venture’s growth.
Trump’s policies, combined with cold winter weather and expected robust demand from artificial intelligence, is helping to drive both natural gas prices and related stocks higher. Cheniere shares, for example, have climbed more than 20% since Trump was elected. Natural gas prices rose 44% over that same time.
This is a breaking news story. Please check back for updates.
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Correction: Venture Global’s CEO is Mike Sabel. An earlier version of this story misspelled his name.
Rivian (RIVN) already has several automakers reaching out about potential supply deals for software and other EV tech. According to Rivian’s Chief Software Officer, Wassym Bensaid, its new partnership with Volkswagen has other OEMs “knocking on our door.”
Will Rivian and VW supply EV tech to other automakers?
After launching “Rivian and VW Group Technology, LLC,” their new software and EV joint venture in November, the collaboration is already showing potential.
Bensaid, who co-leads the new joint venture with VW’s Casten Helbing, said in an interview on Thursday (via Reuters) that the collaboration is in talks with at least a few other automakers over potential supply deals for software and EV architecture.
“I’d say that many other OEMs are knocking on our door,” he said. Although no names or other details were revealed, Bensaid added that “there is demand.”
The software leader explained that Rivian is prioritizing its smaller, more affordable R2 until 2027 while integrating the new tech into upcoming VW, Audi, Porsche, and Scout brand EVs.
Bensaid added that the new JV “today becomes one of the key partners” for other automakers who want to “make a leap from a technological standpoint.”
Last week, German news outlet Spiegel reported that VW could expand the partnership with Rivian. Volkswagen CEO Oliver Blume said, “We are thinking about sharing modules and bundling purchasing volumes.”
VW is already planning to invest $5.8 billion, which, according to Rivian CEO RJ Scaringe, is a “meaningful financial opportunity.”
Rivian is already using the platform and software stack on its Gen 2 R1S electric SUV and R1T pickup, a drastic upgrade from the previous version. The architecture uses seven electronic control units (ECUs), down from 17 in the Gen 1 models.
The new models also include Rivian’s new in-house autonomy system, the Rivian Autonomy Platform, which consists of 11 cameras, five radars, and other features for added driver assist (ADAS) features.
At the opening of the new Rivian Space in San Francisco on Thursday, Scaringe said the company plans to roll out hands-free driving this year. It’s expected to be similar to Tesla’s Full-Self Driving (FSD). In 2026, Rivian will launch an “eyes-free” system as it advances new tech and software.
Electrek’s Take
The JV with Volkswagen could be significant for Rivian as it looks to accelerate growth in 2025. After shutting down its Normal, IL manufacturing plant last April for upgrades, Scaringe said the company is already seeing “a meaningful reduction” in material costs.
Rivian’s R2, starting at around $45,000, is expected to open an entire new market. Analysts expect the VW partnership to provide enough funding for the R2 to enter production, which is expected in the first half of 2026.
Last week, Rivian closed its loan agreement with the US Department of Energy (DOE) for up to $6.6 billion in financing for its new manufacturing plant in Georgia. The EV maker has already started hiring construction and management workers, with recruitment “expected to ramp quickly.”
Will Rivian’s EV architecture and software “become the platform of choice in the Western world” aside from Tesla? That’s what Canaccord Genuity analysts said in a note to investors.
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