Porsche's first electric auto will be called the Taycan

Porsche Gives Taycan Name To Road Going Mission E Concept

The company today also announced that it would double its future investment in electromobility by 2020, to the tune of $7 billion going into Taycan variants, further electrification of existing models, expansion of charging infrastructure, R&D into new technology, and the expansion of the production sites for all electric models.

Taycan translates roughly to "lively young horse", referencing the leaping steed in the Porsche crest.

The name was announced overnight during an event to celebrate 70 years since it registered its first auto, the 356 "No 1" Roadster.

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Meaning "lively young horse", in a reference to the animal on the company's crest, the Taycan will become Porsche's first electric sports vehicle when it enters production next year. The new sedan promises to race from 0-100km/h in under 3.5 seconds, and hit 200km/h within 12 seconds. Range is equally important, and there Porsche has suggested that the Taycan will go over 300 miles on a full charge of its 90 kilowatt-hour battery pack.

Like it? Love it? In preparation, the vehicle previously operating under the working title "Mission E" has now been given its official name: Taycan.

Personally, I'm not a fan of the Taycan name, but the vehicle's specs more than make up for what is arguably a clunky and uninspiring moniker. Some of the spotted cars have been wearing exhaust exit surrounds that were fake and fitted to hide the car's identity.

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The Taycan is expected to go on sale late next year. Features such as the flared haunches, LED tail-light strip and coupe-like rear end will remain to echo the looks of the 911 sports vehicle.

Porsche's got a history with names that are a bit, shall we say, different. But the Taycan's floor-mounted batteries should give it an extremely low centre of gravity to allow for hunkered-down handling that's comparable with more focused performance machines.

Porsche has said battery-only vehicles could account for a quarter of its sales by 2025. Porsche is likely to follow its current strategy for gas and hybrid cars with is all-electric models, though, and offer varying degrees of performance under badges like "S" and "GTS" in the future.

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