Home BRANDS Porsche to hike Taycan output

Porsche to hike Taycan output

“The overwhelming interest in the Taycan shows us that our customers and fans are just as excited about the first Porsche electric athlete as we are,” Porsche sales chief Detlev von Platen said Friday in a statement. “We’ve therefore increased our production capacities.”

The Taycan will be unveiled in September with a price range between the 74,800-euro ($83,866) Cayenne SUV and the 97,800-euro Panamera coupe to compete with Tesla Inc.’s Model S. The car is part of a wave of new models from Jaguar, Mercedes-Benz and Audi that’ll challenge Tesla’s electric-car leadership.

Porsche is parent Volkswagen AG’s most profitable brand and its success is vital for the group to pull off the industry’s most aggressive push into electric vehicles. VW has allocated some 40 billion euros for electric and connected cars and targets 50 battery-powered models by 2025. To help drive uptake, Porsche is installing fast chargers at its dealerships in the U.S. and Europe that’ll get the Taycan’s battery up to 100 kilometers (62 miles) in four minutes. The car’s overall range on a single charge stands at 500 kilometers.

The model’s planned production of 20,000 vehicles per year is based on a two-shift system at Porsche’s main site in Stuttgart, Germany, and can be expanded if needed, production chief Albrecht Reimold told reporters last year. Porsche also confirmed recently it will offer a fully-electric version of its best-selling Macan SUV.

Interested Taycan buyers are required to make a down payment of 2,500 euros in Europe to register.

Source link

Must Read

2020 Lincoln Corsair Pricing Starts in High 30s, Can Speed Past $60K | News

We were wowed by the 2020 Lincoln Corsair with its classy styling and interior that bring to a compact SUV the design flourishes of...

All segments production, sales skid to negative, Auto News, ET Auto

New Delhi: The cautious attitude of customers, political uncertainty and negative shadow of tightened liquidity and higher insurance cost dragged down the new vehicle...

Aluminum F-150 proves less costly to repair

Bob Tomes was among the Ford Motor Co. dealers who sank tens of thousands of dollars into new equipment and training to repair the...

Mercedes taps Russia chief for China in wider shuffle

FRANKFURT -- Mercedes-Benz has named Jan Madeja, formerly the brand's head of Russia, as its new sales boss in China.Madeja is succeeded in Russia...

India’s oil import dependence jumps to 84 per cent, Auto News, ET Auto

Prime Minister Narendra Modi may have set a target to cut India's oil import dependence by 10 per cent but the country's reliance on...