Porsche Unveils New $150K Electric Vehicle

The Porsche Taycan was finally on full display Wednesday in a multi-continent showcase event. The highly anticipated vehicle has finally arrived, a few years removed from when Porsche announced it as a concept car known as “Mission E” back in 2015. The fully electric vehicle is now the talk of the auto world with its sleek design, impressive specs, and staggering price tag. The debates and comparisons with the Tesla Model S are in full swing as the Taycan looks poised to rival the Model S as the premier luxury electric vehicle.

The Taycan will have a steep price tag of $150,900 and $185,00 for the Taycan Turbo S. Porsche has not yet released the estimated range, but the higher end-version is expected to travel about 280-300 miles on a full charge. The speed of the Taycan does not disappoint and it has been announced the Turbo S vehicle can produce 750 HP and can do 0-60 in 2.8 seconds. Porsche appears poised to compete with Tesla in the EV market as evidenced by the debut of the Taycan and their previous announcement of their intentions to pour over $7.5 Billion into electric vehicle development by 2022. Porsche also plans to have half of their vehicles be fully electric by 2025, according to prominent board member Detlev von Platen. It will be intriguing to keep an eye out for the big-name auto brands as they make their entrance into the EV market to challenge Tesla.

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