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Porsche Taycan Is Already Proving To Be A Smash Hit

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This is very impressive considering the production version hasn't been revealed yet.

This September, Porsche will lift the wraps off its first-ever fully electric car: the Taycan. Just as Volkswagen is pitching the ID.3 as its most important new model since the iconic Golf and Beetle, Porsche wants the Taycan to be as revolutionary as the 911.

According to Bloomberg, Porsche has already secured nearly 30,000 deposits for the Taycan. Those are some very impressive numbers considering the production version hasn’t been fully revealed yet and the base model is expected to start at around $90,000, while the most expensive model will reportedly start at $149,000.

It’s a similar story for Volkswagen, as the ID.3 racked up 10,000 deposits after being available to order for just one day. Annual production of the Taycan has also been lifted to 40,000 units according to Evercore ISI analyst Arndt Ellinghorst, even though production was originally going to be capped at 20,000 units per year. Porsche delivered 35,600 911s last year, which means the Taycan could potentially overtake its combustion-powered sibling's delivery numbers and define the brand for a new generation.

The Taycan is a key part of Volkswagen Group’s upcoming EV onslaught, as it prepares to launch a range of electric cars for a variety of budgets. It could also pose a significant threat to its main competitor, the Tesla Model S.

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To secure an order for the Taycan, prospective customers can place a $2,785 deposit, which gets deducted from the final purchase price. Porsche is also installing fast chargers at dealerships across the US and Europe that will give the Taycan’s battery enough juice to last 62 miles in just four minutes.

In the range-topping Turbo model, a dual electric motor setup will produce a combined output of over 592 horsepower, enabling the Taycan to accelerate from 0-62 mph in less than 3.5 seconds and 0-124 mph in less than 12 seconds. The production version of the Taycan will be unveiled at the Frankfurt Auto Show in September.