Porsche's stunning Tesla rival will arrive in 2019 and cost $85,000 (TSLA)

porsche mission e

More details are emerging about Porsche's highly anticipated electric car, dubbed the Mission E.

Porsche's chairman, Oliver Blume, told CAR Magazine the vehicle will go on sale by the end of 2019 and will be "priced like entry-level Panamera," which begins at $85,000.

Previously, Porsche had only said that the Mission E would arrive by 2020 and hadn't shared price details.

Porsche originally revealed the Mission E as a concept car at the International Motor Show in Frankfurt in September 2015. At the time, the company revealed that it would have a range of more than 250 miles and include a number of other innovative technologies.

While the company has not yet revealed all of the high-tech features that will be included in the production model, the Mission E concept that was shown does give us a glimpse of what to expect in the final product.

Here's a look at some of the coolest features in the Mission E concept that could end up in the production version.

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With two motors, the all-wheel-drive Mission E concept packs the equivalent of 600 horsepower.

The German automaker also plans to sell different variants of the electric vehicles with varying power outputs, according to an Autocar report published in March.