Three years ago, Porsche debuted its Mission E concept, the first electric auto to challenge Elon Musk's Tesla Model S. Today that the Mission E concept has a new name as it moves closer to production.
A quick refresher: The Taycan is a sport sedan with an electric powertrain riding on a Porsche-developed platform code-named J1. With this setup, Porsche claims that the Taycan will complete a 0-100 km/h sprint in 3.5 seconds and take just under 12 seconds for a 0-200 km/h speed run.
Porsche Chairman Oliver Blume made the announcement during the "70 years of Porsche Sports Cars" ceremony celebrating the company's heritage. The electric sports vehicle is expected to go on sale at the end of 2019 and might become a benchmark for all other luxury electric cars.
Tesla CEO Elon Musk's naming strategy is racier in a different way: He was shooting to have the Model Line up read S, E, X, Y, until Ford scuppered his "E". The closest rival will be the Tesla Model S P100D, although, being a Porsche, driving dynamics will be much higher in its set of priorities.
Porsche say you won't need to spend half an hour "conditioning" the Taycan to get that performance and, as long as you have juice to play with, the Taycan will keep on delivering its power. Of the additional three billion Euros, some 500 million Euros will be used for the development of Taycan variants and derivatives, around one billion Euros for electrification and hybridization of the existing product range, several hundred million for the expansion of production sites, and around 700 million Euros for new technologies, charging infrastructure, and smart mobility. The vehicle's maximum range is over 500km in accordance with the NEDC.
This version of the Taycan is expected to be the flagship model but Porsche has invested a further 500million Euros (£437million) into its electrification strategy to develop additional versions of the auto.
The all-wheel-drive Taycan use two electric motors - one on each axle - drawing their power from lithium ion batteries mounted in the floor.More news: Scott grabs US Open berth, 9 Aussies are in
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