Will 2020 Porsche Taycan catch up to Tesla Model S?

Porche, the German luxury carmaker, is ready to ship its first luxury electric sedan,Taycan, to the United States, this month followed by other markets and has already got pre-orders running into thousands.

The Porche Taycan was unveiled to the world in September at the 2019 International Auto Show in Frankfurt.

Porsche Taycan 2020

Porsche received 30,000 down payments, each of $2,800, from European buyers for the Porsche Taycan,  revealed CEO Oliver Blume in an interview to the Handelsblatt newspaper.  The U S pre-order numbers are yet not available. The company plans to ship 20,000 Taycans by 2020.

The Porche Taycan will come in three versions: the Taycan 4S with a starting price of $114,340, the Taycan Turbo priced at $154,860 and the Taycan Turbo S for $188, 960.

Taycan Porsche 2020

The Porsche Taycan is a 4-door sedan. It comes with two electric motors with 523 horsepower in the base model. The top model,  Taycan Turbo S, runs on a  whopping 751 horsepower with a maximum speed of 162 mph. Both the variants have a 93.4 kWh battery capacity. The Taycan has a four-wheel drive and comes with fast charging capabilities, it takes just 22 minutes to charge up to 80 per cent. But the downside is finding the right charging station. It needs a DC fast charger that produces 270 kW of power, under ideal conditions.

In the United States, Porche has tied up with Electrify America to give free 30-minute charging to Taycans for three years.

The Porche Taycan was first unveiled to the world in September at the 2019 International Auto Show in Frankfurt.

The Taycan is entering an already competitive market of e-cars with Tesla Model S leading the pack. Others in the category are: Audi, Jaguar, BMW, and Mercedes. The Tesla Model S and the recently launched  Cybertruck racked up 134,000 and 325,000 pre-orders, respectively, within a week.

Also, the Taycan Turbo was recently evaluated by the US Environmental Protection Agency to hit  201 miles per hour on a single charge, which is lower than the  280-mile range given by its European counterpart. Porche on its part got a third-party independent assessment done, which gave it a 280-mile range. Tesla’s e-cars give 300 miles and above.

Porche intends to turn all its facilities and manufacturing units to 100 per cent natural power. They want to promote sustainability alongside profitability, said Blume in the interview.

“In 2017, we have converted all German facilities to 100 per cent natural power. In addition, we use bio and solar energy. That’s just the beginning. Our long-term goal is a zero-impact company,” Blume said.

Porche plans to introduce lower-priced models of the Taycan in late 2020.

Tesla might have taken the lead in its e-car specs but Porche has a legacy of speed and performance. As the Porche publicity material says, “what distinguishes Taycan is the feeling that it gives behind the wheels: the familiarity of a Porsche coupled with the irresistible beating of your heart”.

Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.

Recent Posts

Disney boss says 40 pc ad revenue went to streaming sites, no plans of ad supported Disney+

Disney boss says 40 pc ad revenue went to streaming sites, no plans of ad supported Disney+

Walt Disney CEO Bob Chapel says the company’s advertising revenue for the upcoming fall television season was strong and went up by “double-digits” compared to 2019.
11 hours ago
BlackRock ETFs breach $3 trillion mark in May

BlackRock ETFs breach $3 trillion mark in May

BlackRocks’ exchange-traded fund crossed $3 trillion for the first time in May, in sync with the ETF industry’s race to an all-time high of $9 trillion.
19 hours ago
Flagship Pioneering, investor in Moderna raises $3.4 billion funds

Flagship Pioneering, investor in Moderna raises $3.4 billion funds

Flagship Pioneering, the bioplatform company, and the venture capital investor in Moderna, today announced that it had raised additional funding of $2.23 billion, which brings its
2 days ago
United to recall furloughed employees as travel recovers

United to recall furloughed employees as travel recovers

The fading of the pandemic and the rollout of vaccines has brought in some good cheer for the floundering air travel industry. More countries have opened up for business and are al
2 days ago
UK’s Sanne agrees to consider Cinven bid

UK’s Sanne agrees to consider Cinven bid

Sanne, a UK fund administration business that provides alternative asset and corporate services, has agreed to hold talks with private equity firm Cinven over a potential £1.4bn t
3 days ago
Global stocks rise as investors ignore inflations indicators

Global stocks rise as investors ignore inflations indicators

Global stocks rose to an all-time high, with investor showing confidence in a strong economic recovery from coronavirus and the vaccine effect, but the market is still a bit cautio
3 days ago