Goodbye Mission E, Hello Porsche Taycan

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The Mission E concept generates almost 600bhp via a lithium-ion battery and two electric motors, one on each axle. We'll re-visit the Mission E's specs shortly, but for now you should know that Porsche's upcoming EV will not, in fact, be called the Mission E when it becomes available for purchase in 2019.

Porsche says that "Taycan" means the equivalent of "spirited young horse", which is a reference to what lies at the heart of the Porsche crest. So now you know. Porsche announced the name for its first purely electric model as part of the "70 years of Porsche Sports Cars" ceremony celebrating 70 years since the first 356.

OK, maybe not the actual four-door electric auto from the fabled German sports vehicle builder - that prototype-access privilege recently was reserved for the likes of Maroon 5 singer and Porsche fanboy Adam Levine - but rather a production vehicle that essentially is a harbinger of Porsche's electric vehicle dreams.

But the latest prototype Porsche is toying with has been subjected to a bump in the power department: The dual-motor now produces more than 600bhp, rocketing the vehicle from 0 to 60 miles per hour in less than 3.5 seconds, according to recent reports. With this system, the car's battery pack will take only 4 minutes to get charged up to the capacity required for a 100 km range.

This version of the Taycan is expected to be the flagship model but Porsche has invested a further 500million Euros (£437million) into its electrification strategy to develop additional versions of the auto.

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(PCNA) is the exclusive USA importer of the Porsche 911; 718 Boxster and 718 Cayman; Panamera; and Cayenne and Macan. Tesla now has stores where its cars and solar products are sold, and soon will add fix centers, but they do not present themselves as traditional dealerships.

The serial version of the concept of Mission E will be called Taycan. However, strategically, Porche's Taycan will be rival to Tesla. The electric sports vehicle is expected to go on sale at the end of 2019.

Power for the Taycan will come from two electric motors that will generate more than 600 horsepower and likely provide all-wheel drive. The Taycan "will offer reproducible performance and a top speed which can be maintained for long periods", he said.

Porsche's original goal had been to spend three billion euro ($3.53bn) on electromobility by 2022.

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