An Electric Future Begins
Porsche turned its 2015 Mission E concept EV into a real car when it named it the Taycan in a formal announcement at the company’s 70th birthday bash. A Eurasian word for “lively young horse,” the Taycan (pronounced Tie-conn) is the company’s first all-electric model, but just the beginning of a planned rollout of battery-powered vehicles over the next several years.
The new model will be as powerful as the mighty Mission E concept with two permanently-excited electric motors producing 600 horsepower, enough to propel the low-slung sports car from 0 to 60 in about 3.5 seconds and to 124 mph in just 12 seconds. Taycan drivers should be permanently excited, too.
Porsche models used to be identified by numbers, but the Taycan joins the Boxster, Cayenne, Cayman, Macan and Panamera in rejecting the boring alphanumerics of its competitors.
A Big Development Budget
Porsche plans to spend about €6 billion (a little more than $7 billion) over the next five years to develop its electric car portfolio. Half a billion will go to developing variants of the Taycan, and the rest will spread the gospel of an electric future to the rest of the lineup. Sharing platforms with VW and Audi will help spread out the development costs.
A new car deserves a fresh and suitable factory, and the Zuffenhausen headquarters will receive new paint facilities, an expanded engine area (converted to building electric drive motors), and a dedicated assembly line. The project will put around 1,200 folks to work assembling the exciting new dream car.
The numbers are impressive. The range is expected to be about 500 km (310 miles) and, better yet, the Porsche Taycan’s 800-volt fast-charge system should be able to add 100 km (62 miles) of range in just four minutes. That’s starting to approach a gas station visit, or certainly a quick lunch stop. The charging network will be built out at Porsche dealerships and other convenient locations.
Series production is expected to begin next year and will certainly give Tesla and limited-edition EV specialist builders a run for their money.
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