September 29
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German company Porsche on Wednesday unveiled its first electric car called the Taycan, Bloomberg reported

This is the first Porsche electric-powered car. The presentation of the eco-friendly car took place simultaneously at the three largest car markets - in the US, next to Niagara Falls, in China, near a wind power station, and in Germany, near a solar power station.

“It’s a true Porsche,” the brand’s chief executive officer, Oliver Blume, said at the German leg of the event that unveiled a white version of the sedan. “But it’s different than anything we built in the past 70 years. Porsche is positioning itself for a sustainable future.”

“Like Tesla with the Model 3, Porsche is rolling out higher-priced versions of the Taycan first, starting with Turbo S and the $150,900 Turbo. The base version of the car is expected to be priced below $100,000, and a Gran Turismo derivative will start sales at the end of next year,” the source noted.

The launch of the Porsche electric car is part of Volkswagen’s strategy to convert its lineup to electric motors. The German auto giant intends to invest € 30 billion ($ 33 ​​billion) for these purposes. Volkswagen, which occupies the first place among companies in the world in the number of cars produced, also intends to get ahead of the leader in the electric car market, the American Tesla. According to Volkswagen's management plans, by 2025, half of the concern’s sales will be cars with electric or hybrid engines.

Volkswagen intends to unveil its new electric car of the same name at the Frankfurt Motor Show this month - Volkswagen ID.3. The production of this car is expected to begin at the end of this year.

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