Both Panasonic and Bosch are vying for the battery supply agreement for the Porsche Mission-E electric vehicle, according to recent reports.

Porsche AG is currently in the process of considering the two bids — with Panasonic Corporation offering a lower bid than Robert Bosch GmbH, but of course more complex logistics as well (Bosch and Porsche are located not far from one another) — according to those involved.

“We’re in the final stage of making a decision,” stated Porsche CEO Oliver Blume, in a recent interview at the Geneva International Motor Show. Notably, Blume didn’t comment on which companies were being considered.

A reminder here that Porsche is owned by Volkswagen AG. Following the bad PR of the diesel emissions cheating scandal, the company put aside €1 billion for the creation of its first all-electric (EV) sports car — the Porsche Mission E.

It’s also interesting to note that, despite possessing the same parent company, Audi will be contracting its lithium-ion electric vehicle batteries from LG Chem and Samsung, rather than Panasonic. Panasonic is, it should be remembered, a supplier and partner to Tesla Motors — arguably the top electric vehicle supplier out there right now. Quite a web of jockeying interests, huh?

The production Porsche Mission E will be based fairly closely on the Mission E concept unveiled at the Frankfurt automotive show last year, reportedly. Production of the electric sports car is expected to take place in Stuttgart, Germany.

Originally published on EV Obsession.