Porsche Taycan could be cheaper than we thought

feedback@motor1.com (Chris Bruce)
Mark Weber drives the Porsche Mission E for the first time

The Taycan's starting price would reportedly be between the Cayenne and Panamera.

Porshe previously said that the upcoming Taycan EV would have a price roughly in line with the base Panamera, but the German brand has now decided to make it even less expensive, according to Automotive News Europe

“We’re expecting a price somewhere between a Cayenne and a Panamera,” Robert Meier, Taycan model line director, told Automotive News Europe. Meier is referring to the German market, which puts the base price between the Cayenne's 74,828 euros and Panamera's 90,655 euros there. Considering the same figures for the UK market puts the number between £55,965 and £67,898.

Buyers will be able to spend quite a bit more, too. Porsche Chief Financial Officer Lutz Meschke told Automotive News Europe that range-topping versions could cost as much as 200,000 euros (£175,000 at current exchange rates). For reference, the most expensive Panamera variant currently on sale is the Turbo S E-Hybrid Executive that goes for 199,183 euros in Germany or £146,545 in the United Kingdom.

Porsche claims that the Taycan can reach 62 mph in just 3.5 seconds. The EV uses two permanently excited synchronous electric motors – one at each axle – that offer a combined output of at least 600 bhp. The top speed is limited to 155 mph, and the company estimates a total driving range of 310 miles.

Porsche will unveil the Taycan sometime in 2019 as a vehicle for the 2020 model year.