Porsche doubles production of its upcoming electric car
Jan 23, 2019
Porsche has announced that it will double production of its new electric car from 20,000 to 40,000 even though the car is not on the market yet. The company said that this decision comes after they received more orders for the electric Taycan than they anticipated when they started production. The Taycan is one of a wide range of high-end electric cars set to enter the market later this year from manufacturers like Audi, and Ford. The Taycan will cost about $80,000, and it represents the company's best chance to challenge Tesla for control of the EV market.