British Virgin Islands

Friday, Oct 23, 2020

Porsche Unveils Its First-Ever Electric Car

Porsche picked Niagara Falls, a Chinese wind farm and a solar site in Germany to unveil its first all-electric sports car, underscoring the new Taycan’s central role in turning parent Volkswagen AG into the world’s leading seller of battery-powered vehicles.

After a bumpy start for sister brand Audi’s e-Tron, the Taycan, with the top Turbo S version priced at $185,000, is for the time being the flag-carrier in VW’s massive drive to unseat e-car pioneer Tesla Inc. The wraps came off Wednesday at simultaneous events in its three biggest markets, with Porsche -- known for churning out roaring sports cars -- presenting the vehicle bathed in a backdrop of sustainable-power imagery.

Newsletter

Quote of the Day

Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.

Groucho Marx
Related Articles

British Virgin Islands
×