We were also unsure what Taycan meant.

The Porsche Mission E is gone. Instead, the German brand claims that the Taycan will be the first electric vehicle it sells to dealers. According to CNBC’s Porsche Boss Oliver Blume the name means “lively, young horses.” The title refers to the horse that appears on the Porsche emblem.

 

The Taycan is a sleek sedan which looks almost like it was made from the 911. The low nose is accented by LED headlights and a gently sloped roof, giving it a coupe-like appearance. Expect Porsche to equip the four-door with its cutting-edge equipment.

 

The Taycan’s range-extending electric motors will produce 600 horsepower (447 kilowatts), and it will reach speeds of 62 mph (100 km/h) in 3.5 seconds. Porsche promises a range of over 311 miles (500 km) with a single charge. The base model will be available in the following price points: start around $85,000 And will allegedly About 402 horsepower (300 kW)

Porsche’s Stuttgart campus has a new factory that is specifically designed for electric vehicles. The plant can produce 20,000 vehicles per year from the beginning, but there is room for expansion. The Cross Turismo concept shows how the sedan might look like a wagon. Rumours also suggest that may be considering convertible and coupe versions. According to CNBC, the company estimates that 25% of its worldwide sales will be electric vehicles by 2025.