Porsche doubles planned Taycan output

Porsche has doubled the planned volume for the Taycan, its first full-electric model.

A total of 40,000 electric vehicles a year are expected to be built at Porsche’s new plant at its headquarters in Zuffenhausen, Stuttgart, Automobilwoche has learned from company sources. The automaker had previously cited 20,000 units.

Since the Zuffenhausen plant’s maximum capacity is 40,000, a second production facility will soon be necessary. Porsche’s Leipzig plant is seen as the most likely option.

Porsche has hired 1,200 workers for the production of the Taycan at its Stuttgart headquarters and invested about 1 billion euros in the project.

Porsche is already accepting non-binding reservations for the Taycan for 2,500 euros.

The EV is due to be presented at the Frankfurt auto show in September and delivered to buyers in early 2020.