Tesla faces stiff competition as Porsche plans to boost Taycan production

%name Tesla faces stiff competition as Porsche plans to boost Taycan production by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

It’s starting to look like Porsche’s forthcoming Taycan is poised to give Tesla some serious competition in the luxury EV space. Earlier this year, word surfaced that Porsche was doubling production from 20,000 units to 40,000 units due to overwhelmingly strong demand. While that was nothing more than a rumor, Porsche has since confirmed plans to boost Taycan production, though the company didn’t disclose exact figures.

In a statement earlier today, Porsche’s Detlev von Platen — the company’s chief of sales and marketing — said the following: “The overwhelming interest in the Taycan shows us that our customers and fans are just as excited about the first Porsche electric athlete as we are. We’ve therefore increased our production capacities.”

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Tesla faces stiff competition as Porsche plans to boost Taycan production originally appeared on BGR.com on Fri, 8 Mar 2019 at 20:08:06 EDT. Please see our terms for use of feeds.

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