Home / Motor/ Porsche to name all-electric model Taycan

Porsche to name all-electric model Taycan


Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 12 June 2018 00:46


 

Stuttgart (Reuters): Sport car maker Porsche will name its first all-electric car model the Taycan, it said on Friday (8 June), a year before it plans to launch serial production of a vehicle that will compete with Tesla’s (TSLA.O) Model S.

The name, announced by Chief Executive Oliver Blume at Porsche’s 70th anniversary celebration on Friday, means “lively, young horse”, reflecting the iconic rearing black horse on Porsche’s coat of arms.

The four-seater electric sports car due to roll off production lines in 2019 has so far been known as Mission E.

Porsche has said it plans to double its investment in hybrid and fully electric vehicles to more than 6 billion euros ($7.06 billion) by 2022 as parent Volkswagen (VOWG_p.DE) seeks to overcome an emissions-cheating scandal and tap into growing demand for greener transportation.

Porsche has said battery-only vehicles could account for a quarter of its sales by 2025.

With the Taycan, the company aims to tap consumer demand with powerful engines and batteries. The company says the Taycan will be able to go from 0 to 100 kph in 3.5 seconds and will have a range of 500 km and rapid 800-volt charging.

 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

A 10-point guide on bank credit facilities that suit your business best

Tuesday, 19 June 2018

As a businessman when you visit a bank seeking credit facilities you are faced with a lot of banking jargon with which you are often not conversant. You tend to learn about them only when you start utilising such facilities. Further, if are young and


Dilemma 2: The Public Service

Tuesday, 19 June 2018

“The job of no minister, no official was secure for a day. Corrupt fools succeeded corrupt oafs in the highest positions in the land, and fools were removed to make room for imbeciles” – The Shadow of the Winter Palace, the Drift to Revolution


Craving a world with free migration of Homo sapiens

Monday, 18 June 2018

During the discussion time following the presentation of a paper by former diplomat Tamara Kunanayakam on the invasion of Sri Lanka’s economic policymaking by neoliberal economic thinkers two weeks ago, Colombo University’s economics don Lalithas


Sigmoid Curve and Sri Lanka: Significant signals

Monday, 18 June 2018

Sri Lanka, often named as the ‘Wonder of Asia,’ has many citizens wondering what is going on.


Columnists More