The announcement that the production version of Mission E will be called Taycan was made by Porsche recently at the Porsche Museum, during the opening ceremony of the "70 years of the Porsche sports car" special exhibition.
"Our new electric sports auto is strong and dependable; it's a vehicle that can consistently cover long distances and that epitomises freedom".
According to Porsche when the Taycan arrives, it will feature two electric motors producing more than 600 horsepower and will accelerate up to 60 miles per hour in less than 3.5 seconds.
Porsche Taycan is the name for the production Mission E
The Porsche Taycan will debut the company's 800-volt charging system called Porsche Turbo Charging that offers ultra-fast charging. The Model S can do its Ludicrous Mode party trick a few times before needing to cool down, but Porsche has said its Taycan will be able to maintain its performance both in sprints and for track days without issue. Porsche says that it won't happen here.
The Mission E concept generates almost 600bhp via a lithium-ion battery and two electric motors, one on each axle. The vehicle has a driving range of more than 500 km (310 miles) on a single charge under NEDC testing. Tesla's Model S has a maximum range of 335 miles and can accelerate from 0-60 in 2.5 seconds. Of the additional three billion euro, some 500 million euro is claimed to be used for the development of Taycan variants and derivatives. The four-door, four-seat Taycan's floor-mounted batteries point to an extremely low centre of gravity and handling to match more focused performance machines.
The Porsche Taycan (codename: Porsche J1) is based on a dedicated electric vehicle platform. Prices are expected to start around $80,000 to $90,000.
New electric vehicle startups including SF Motors, Lucid Motors, Fisker and others are planning to release their own luxury electric models.