Porsche CEO Matthias Müller has confirmed the company is considering an electric vehicle.

Speaking to Auto Motor und Sport, Müller said "Yes, of course we think about it." The executive went on to say he isn't a fan of range-extended electric vehicles but he's open to pure electric models.

He believes the range needs to be at least 300 km (187 miles) to be practical with 400 km (250 miles) being the preferred option.

Source: Auto Motor und Sport