Porsche Unveils Electric Sports Car Taycan 4S | Financial Buzz

Porsche Unveils Electric Sports Car Taycan 4S

Porsche unveiled on Monday is Taycan 4S, an all-electric sports car. The Taycan 4S comes after the reveal of Porsche’s Taycan Turbo S and Taycan Turbo. 

The 4S model will have similar dimensions, such as the chassis and suspension, compared to the other Taycan models. However, this version is expected to be slightly lighter than the higher-end Taycan models, according to TechCrunch

In September, Porsche announced that the pricing of the Taycan Turbo S and Taycan Turbo would roughly cost around USD 185,000 and USD 150,900, respectively. On the other hand, the Taycan 4S is expected to start at a base price USD 80,000 cheaper than its leading model. 

The Taycan 4S will be available in two different battery sizes. The standard 4S model will have a 79.2 kWh battery park and start at USD 103,800. Customers can also purchase the performance model which will include a 93.4 kWh battery pack for USD 110,380. 

Both the 4S variations have a top speed of 155 miles per hour and can travel from 0 to 60 in just 3.8 seconds. 

With the unveiling of the Taycan lineup, Porsche is expected to compete against electric vehicle manufacturers such as Tesla (NASDAQ: TSLA). Specifically, the Taycan is expected to directly compete against Tesla’s Model S vehicle. 

Tesla’s Model S vehicles offer a 100 kWh battery pack, which provides a range of 370 miles. On the other hand, Porsche’s Taycan 93.4 kWh battery pack will roughly last around 236 miles to 279 miles, according to TechCrunch. 

Notably, the Model S is also significantly cheaper than the Taycan lineup. The Model S Long Range vehicle starts at around USD 79,990, while the performance model starts at USD 99,990. 

While the two vehicles offer similar dimension sizes, Tesla’s Model S outperforms Porsche’s Taycan for a significantly lower price. 

The entry-level Taycan 4S is available for pre-orders and will arrive in European dealerships in January 2020.