You might have to wait a few years to get behind the wheel of one, but the first all-electric Porsche is happening. The automaker announced that its Mission E, a concept first revealed at the Frankfurt Motor Show in September, will go into production. Porsche says that it'll invest 700 million euros (around $762 million) at its main site in Stuttgart-Zuffenhausen to help with the project. Among the renovations are a new paint shop and assembly facility alongside an expansion of the engine shop to build the electric motors and a larger body shop. In total, the company expects Mission E production to create 1,000 new jobs.