Hyperdrive

Porsche Steps Up Tesla Battle With $117,000 Electric Taycan

  • Lower-priced Taycan model will be available from early 2020
  • Third Taycan derivative comes with two batteries options
Porsche’s Taycan 4SSource: Porsche AG

Porsche is intensifying its battle against Tesla Inc. with the unveiling of a 105,607-euro ($116,590) version of the electric Taycan that’s pitched at a similar price point to the top-line version of the U.S. company’s Model S.

The entry-level Taycan 4S is available for pre-orders now and will enter showrooms in early January, the Volkswagen AG brand said Monday. The model follows Porsche’s much-hyped Taycan launch last month at Niagara Falls, a Chinese wind farm and a solar site in Germany which underscored the brand’s central role in VW’s shift to electric cars.