Porsche to name all-electric model Taycan

Porsche Gives Taycan Name To Road Going Mission E Concept

Porsche Taycan is the name for the production Mission E

Announcing the name, the company has even released a teaser video that reveals that the Porsche Taycan features a fully digital instrument cluster - a first for a Porsche.

"We are going to take the next big step next year", when Taycan deliveries will begin, Blume said at the Porsche museum near the company's headquarters in Stuttgart, where the brand celebrated the 70th anniversary of its first-ever sports auto, the 356 model. Porsche claims a maximum range of over 500 km for the Tesla Model S rival.

The name translates loosely as "lively, young horse" from a Eurasian dialect- a nod to the firm's crest, which has featured a leaping horse since 1952. On Friday, though, the worls at least learned a name of the auto that could be the first to give Tesla a run for its money. "Our new electric sports auto is strong and dependable; it's a vehicle that can consistently cover long distances and that epitomises freedom", explains Oliver Blume, Chairman of the Executive Board of Porsche AG. But it will run on electricity.

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The company has previously been talking about a 0 to 60 miles per hour acceleration in 3.5 seconds and earlier this year, a Porsche executive said that the Mission E will be able to go long distances at high-speed, like traveling on the German autobahn, or to complete a few laps on the race track. Porsche says that it won't happen here.

To boost that range quickly, the vehicle will have 800-volt charging technology.

The Taycan will be able to go 300 miles on a single charge and, with fast charging, 240 miles with only a 15 minute charge, according to Porsche. That's double what it had originally planned.

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Porsche is doubling down on electric cars, saying it will pour over €6 billion (about $7.1 million) into electromobility by 2022. 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.

The Taycan is expected to go on sale late next year. The engine plant is being expanded to manufacture electric motors.

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