Porsche renames Mission E to 'Taycan'

Porsche Taycan is the name for the production Mission E

By the end of 2019, Porsche plans to install at least 500 fast-chargers across the U.S. that will rival Tesla's Supercharger network, which consists of over 10,000 chargers worldwide.

Porsche says that "Taycan" means the equivalent of "spirited young horse", which is a reference to what lies at the heart of the Porsche crest. But the powertrain has been confirmed: Two permanently activated synchronous motors generating more than 600 horsepower combined.

The result will be 0-62 miles per hour in "well under 3.5 seconds", Porsche promises, while 0-124 miles per hour will be done in under 12 seconds.

Porsche has billed the Taycan as a track-capable EV, created to support multiple jump starts in quick succession without power loss due to battery overheating. Tesla's Model S has a maximum range of 335 miles and can accelerate from 0-60 in 2.5 seconds.

We'll have more, including a first drive of the Taycan, as soon as we get it.

Porsche Taycan is the name for the production Mission E

Porsche's first full-electric sports auto won't hit the streets until next year but the Mission E concept now has a street-legal name: Taycan.

Previously, the manufacturer has released pictures of the build pre-production copies Taycan, where you can see individual elements of the model, for example, headlamps. And Taycan will arrive in 2019. If you've even taken a close look at a Porsche emblem/crest, you've noticed the leaping steed that's been there since 1952. Still, previous suggestions have indicated a starting price in the region of $80-90k. Today, it has announced that it's doubling that investment. Of that, €500 million of that will go to Taycan variants, with €1 billion toward electrification and hybrid versions of the existing range.

Charging infrastructure and other "smart mobility" expenses will soak up around 700 million euro, Porsche expects.

Under the hood, the Taycan will have electric motors and a battery pack and practically no noise except for that of the running tyres.

Safeguarding Porsche's cachet and healthy profit margins as the company makes huge investments in electric cars and new digital services is vital for parent Volkswagen AG.

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