Porsche's Electric Mission E Becomes the Taycan

Porsche Taycan is the name for the production Mission E
Porsche Picks Taycan as Name for Its First Electric Vehicle

11 June, 2018

STUTTGART, Germany -Porsche's first electric vehicle, which has been known as the Mission E during its development, will be called the Taycan (pronounced tie-con), when it goes on sale late next year.

Besides confirming the name, Porsche CEO Oliver Blume revealed the Taycan will be powered by two electric motors that produce a combined output of more than 592 hp (441 kW / 600 PS). "Our new electric sports auto is strong and dependable, said Porsche Chairman Oliver Blume".

Porsche has previously said the Taycan will cost about the same as a Panamera, which means it will go head to head with Tesla's Model S, delivering over 600bhp of electric power with 4WD, promising 0-62mph in well under 3.5 seconds and 0-124mph in under 12.0 seconds.

The German automaker announced it at the opening ceremony for the "70 years of the Porsche sports car" special exhibition at the Porsche Museum today.

Tesla Model S
Tesla Model S

The Taycan will be able to go 300 miles on a single charge and, with fast charging, 240 miles with only a 15 minute charge, according to Porsche. And with good reason, the Mission E's specs are truly remarkable and may ultimately sway some prospective Model S buyers to side with Porsche instead.

The Taycan is now tested in prototype form and shouldn't be much different from the Mission E concept, at least performance-wise.

Porsche's got a history with names that are a bit, shall we say, different. The vehicle's maximum range is over 500km in accordance with the NEDC. Of the additional three billion euro, some 500 million euro is claimed to be used for the development of Taycan variants and derivatives.

Safeguarding Porsche's cachet and healthy profit margins as the company makes huge investments in electric cars and new digital services is vital for parent Volkswagen AG. The firm will double total investment up to 6bn Euros by 2022, spending on everything from a rapid charging infrastructure to hybrid and electric versions of its existing range. Porche Taycan price will start from $75,000.

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