Porsche to Price Electric Taycan Between Cayenne, Panamera

Washington DC October 18, 2018; The AIADA reported that Porsche next year, will position the Taycan below the brand's Panamera sedan when the electric four-door sports car reaches markekely starting price above 80,000 euros (about $92,500), according to Automotive News.

"We're expecting a price somewhere between a Cayenne and a Panamera," said Robert Meier, the complete vehicle model line director for the Taycan. Including taxes, that would place the vehicle between 74,828 euros and 90,655 euros for its base version of the car in Germany.

However, Porsche Chief Financial Officer Lutz Meschke told reporters that he wants to offer higher-performance versions that could be priced as much as 200,000 euros, such as a Taycan Turbo S. The Taycan's two permanently excited synchronous electric motors, supplied by Italy's Magneti Marelli, will produce more than 600 hp and accelerate the vehicle from 0 to 62 mph in less than 3.5 seconds.

The Taycan aims to be the fastest series production electric car around Germany's Nordschleife racetrack, with a lap time of less than 8 minutes.