Porsche AG has announced that it has officially named its first fully-electric sports car ‘Taycan,’ for which series production is set to begin in 2019. The Taycan was referred to as ‘Mission E’ concept up until now. The name roughly translates to ‘lively young horse,’ referencing the imagery at the heart of the Porsche crest, which has featured a leaping steed since 1952, the company noted. Porsche announced the name for its first purely-electric series as part of the ‘70 years of sports cars’ ceremony.
The Porsche Taycan will be powered by two synchronous motors (PSM) that will have a system output of over 600 hp (440 kW), accelerating the car to 100 km/h in under 3.5 seconds. This performance is in addition to a continuous power level that is unprecedented among electric vehicles, the company noted. It said multiple jump starts are possible in succession without loss of performance, and the vehicle’s maximum range is over 500 km, in accordance with the NEDC.
Porsche said that it plans to invest over € 6 bn in electromobility by 2022, doubling the expenditure it had originally planned. Of the additional € 3 bn three, about € 500 mn will be used for the development of Taycan variants and derivatives, Porsche said. In addition, about € 1 bn will be used for electrification and hybridisation of the existing product range, several hundred millions for the expansion of production sites, and about € 700 mn for new technologies, charging infrastructure and smart mobility.
In terms of production, Porsche is said to be making extensive modifications to its headquarters in Zuffenhausen. This includes the construction of a new paint shop, dedicated assembly area for the Taycan and a conveyor bridge for transporting the painted bodies and drive units to the final assembly area. The existing engine plant is being expanded to manufacture electric drives and the body shop will also be developed, the company noted. It added that investments are also planned for the Weissach Development Centre. Production of the Taycan is creating about 1,200 new jobs in Zuffenhausen alone.
Oliver Blume, Chairman, Executive Board, Porsche AG, said the company’s new electric sports car is strong and dependable, and a vehicle that can consistently cover long distances and that epitomises freedom. The oriental name also signifies the launch of the first electric sports car with the soul of a Porsche, he added.