It will be positioned below the Porsche Taycan.
Right now, the Taycan is the only fully electric car in Porsche's current model lineup - but not for much longer. Porsche has confirmed the next-generation Macan will be sold with a fully electric powertrain for the first time, and rumors of an all-electric Cayenne joining Porsche's lineup are gaining traction.
While the Taycan is essentially Porsche's answer to the Tesla Model S, a new report by Autocar claims Porsche is plotting an all-new electric car that will steal sales from the Tesla Model 3 and BMW i4. Details are scarce, but the mystery model will reportedly be closely related to the upcoming Audi A4 e-tron and take the form of a sleek fastback-style electric sedan.
Underpinned by the PPE platform jointly developed by Porsche and Audi, Porsche's new EV will slot below the Porsche Taycan and start at around £50,000 ($70,895). For reference, the Taycan starts at $79,900 for the base model and $150,900 for the more powerful Turbo version.
A name for Porsche's mystery new model hasn't been confirmed, but a trademark filed way back in 2011 suggests it could be called the Cajin - the original internal name of the Macan. This isn't the only connection with the Macan it will have, either. Porsche's Model 3 rival is expected to share platform, drivetrain, and battery components with the Macan EV.
"The modular nature of the PPE platform will allow us to extend our electric car line-up with a range of different models. It is engineered for standard and high ground clearance. A second sedan model is one possibility," a Porsche engineer told Autocar. Like the A4 e-tron, Porsche's new electric sedan will likely be offered with either a single motor with RWD or a range-topping dual-motor setup offering AWD.
A range-topping A4 e-tron RS will reportedly have 469 horsepower and 590 lb-ft of torque on tap, so its Porsche sibling could offer similar levels of performance. Porsche's Tesla Model 3 hasn't been given the green light yet, but sources say a €600 million ($733 million) upgrade to its Leipzig plant will increase the production capacity to add a seventh model to Porsche's current lineup.