The German automobile manufacturer Porsche is planning to introduce its seventh car model by 2020. This was verified by the Porsche CEO, Matthias Müller during Volkswagen Group’s annual investor meeting.

Reportedly, the car will be positioned above Porsche 911 Turbo S competing against the Ferrari 488GTB and the Lamborghini Huracan. And don’t be surprised if it retains hydrogen fuel-cell or all-electric powertrain as the parent company has been busy developing this technology.

Expected to be a successor version of luxury GT, the car might have a mid-mounted flat-eight engine with over 600hp channeled to all-wheels. No words about the launch yet, but do not expect it to happen any time soon.