Pages

Wednesday, January 23, 2019

This is the electric Porsche sports car people are lining up for

Porsche is already having to double its production plan on the electric car it hasn't even released yet.

The German car maker known for its sports cars and racing heritage said stronger-than-expected demand has led it to boost production on its electric Taycan car from 20,000 to 40,000 units, the company confirmed to CNBC on Wednesday.

"We had been ready for it," said Andrew Lennon, a manager of product communications for Porsche. "We had the ability to increase capacity from the beginning, and executives recently made the decision to go ahead."

Porsche announced a second variation of the vehicle based on the Cross Turismo concept in October. The company expects the car to be available in the U.S. by the end of the year.

The Taycan is yet another example of several high-end electric cars expected to enter the market over the next few years. Ford example, Jaguar launched the I-Pace electric crossover last year, Audi plans to soon roll out its e-tron sport utility vehicle. Even Ford plans to offer a high-performance electric inspired by its Mustang sports car.

Let's block ads! (Why?)

from Top News & Analysis https://cnb.cx/2FIhAWE
via IFTTT

No comments:

Post a Comment