Porsche is officially in the race to create a more mainstream electric car industry by the end of the decade. The German company—owned by Volkswagen—says it will spend $1 billion to create the Mission E, an electric that will go from zero to 100 km per hour (62 mph) in 3.5 seconds, travel 300 miles on a single charge, and recharge 80% of its battery in 15 minutes. Details