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Porsche to Launch its Electric Car ‘Taycan’ in India by 2020

Porsche to Launch its Electric Car ‘Taycan’ in India by 2020

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Within few days after premium car maker Audi had announced that it will launch its electric SUV, e-tron, by end of next year, an another luxury car maker, Porsche, has just announced to bring its electric car in India sooner than expected. In an official statement shared with clean energy news website, Mercom, Porsche said that it aims to bring electric car ‘Taycan’ to India by 2020.

Taycan, which is Porsche’s first all-electric car globally, will be launched globally by the end of 2019 while in India it will enter by 2020.

Taycan, which can go upto 500 km on a single charge, has two permanently excited synchronous motors (PSM) with a system output of over 590 bhp. The Porsche Taycan electric sports car can do a 0-100 kmph sprint in well under 3.5 seconds and to 200 kmph in under 12 seconds. This performance is in addition to a continuous power level that is unprecedented among electric vehicles: Multiple jump starts are possible in succession without loss of performance, and the vehicle’s maximum range is over 500 km in accordance with the NEDC.

Porche EV rival Tesla’s Model S (P100D), on the other hand, does the 0-100kmph stint in 2.5s and also has a claimed range of 500km.

Additionally, Porsche also announced that it is dropping its diesel cars like ‘Porche Cayenne’ for good, as the company has confirmed there will be no diesel-engined Cayenne for India.

In a reply to an Autocar India query, Peter Vogel, Acting Chief Executive of Porsche Middle East & Africa FZE, said, “Porsche has decided to stop offering diesel models in the current product portfolio, as a result of changing market conditions and increasing interest in hybrid and electric vehicles. This is a global decision and includes Porsche models offered in India.”

Porsche plans to invest massive €6 billion (~ US$ 6.9 billion) in electric mobility by 2022, doubling the expenditure that the company had originally planned. Some €500 million out of this budget of the company will be used for the development of Taycan variants and derivatives, around one billion euro for electrification and hybridization of the existing product range, several hundred million for the expansion of production sites, plus around 700 million euro for new technologies, charging infrastructure and smart mobility.

With India rolling out multiple Electric Vehicle policies lately, Porsche has its eyes set on India . Indian government recently approved a subsidy corpus of ₹55 billion (~$0.78 billion) to be disbursed under the second phase of Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) program. The FAME II program will be in force for five years.

Earlier this month, Maruti Suzuki has announced that it will start testing prototypes of its flagship electric vehicles in India by October this year.

Source: indianweb2
Anand Gupta Editor - EQ Int'l Media Network

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