Published: Sat, June 09, 2018
Business | By Tara Barton

Porsche renames Mission E to 'Taycan'

Porsche renames Mission E to 'Taycan'

Porsche announced the name for its first purely electric model as part of the "70 years of Porsche Sports Cars" ceremony. The name roughly translates to, "lively, young horse", a reference to the company's logo. Porsche executives have said that more electric cars will follow. The new sedan promises to race from 0-100km/h in under 3.5 seconds, and hit 200km/h within 12 seconds.

The Taycan is the start of a broader electrification strategy at Porsche.

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The Taycan will likely share its bones with the Audi e-tron GT (but not the Audi e-tron), and will take head on the Jaguar I-Pace, Tesla Model S, and others in a quickly growing luxury electric vehicle movement. Digital projects, such as networking via Porsche Connect and data security using blockchain in sports cars, will also feature.

As we previously reported, Porsche's first electric auto will feature two motors contributing to a system output of more than 600 horsepower. A crossover SUV version, called the Mission E Cross Turismo, was revealed at the Geneva Motor Show earlier this year.

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When the Taycan finally does debut in production form sometime in the second half of 2019, it will likely look different from the images we've grown used to, all of which depict the concept.

All-wheel drive is expected to be standard on all versions initially, but there is the possibility of Porsche launching a more affordable rear-wheel-drive edition in the future. Automakers are spending billions as they face a period of unprecedented change - stricter environmental regulations are forcing them to offer more battery-powered vehicles even as combustion-engine cars still generate the vast majority of profits. First up will be new infrastructure to support the Taycan: a dedicated assembly area, electric motor manufacturing, and a new body shop, all in Stuttgart.

Porsche plans to invest more than six billion Euros in electromobility by 2022, doubling the investment that the company had originally planned.

Stefan Weckbach, Head of the BEV Model Series at Porsche, recently said that they want to make their first all-electric vehicle feel "like a real Porsche."

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