Porsche-Mission-E-Taycan

Porsche’s top-of-the-line EV to get the Turbo name and a $130,000-plus price tag

Porsche’s upcoming Taycan, which is expected to go on sale next year, will have at least three variants of the all-electric sports car, including an all-wheel drive version. But it’s the Taycan Turbo — the name Porsche is giving its top-of-the-line variant — that reveals the automaker’s strategy.

The names — the Taycan for the base model, Taycan 4S for the all-wheel drive version and Taycan Turbo for the performance variant — as well as prices ranges for each were first reported by columnist Alex Roy. As Roy notes, however, “turbo” is vocabulary used for internal combustion engine vehicles.

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Porsche parent company Volkswagen Group has pledged to spend more than $1 billion developing the Taycan, which roughly translates to  “lively, young horse” in a nod to its iconic emblem.

The electric vehicle is seen (in some circles) as a threat to Tesla, which has dominated the luxury electric vehicle market. With so much investment headed toward Porsche’s first all-electric vehicle, the German automaker is smartly using nomenclature familiar to its existing customer base, many of whom have never owned an EV.

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