Porsche to launch electric car Taycan in India next year, drives in new Macan

Luxury sports car maker Porsche said on Monday it plans to launch its electric car Taycan in India by the end of May 2020, joining the list of companies driving in EVs to the Indian market.

The company, which on Monday launched all-new version of its compact SUV Macan in India with price starting at Rs 69.98 lakh (ex-showroom), said it expects the overall sales to remain flat for this year.

"We have a global launch (of Taycan) some time in September and, in India, we will see the car in the first four to five months of the next year, in 2020 before end of May," Porsche India Director Pavan Shetty told PTI.

He also welcomed the government's decision to reduce the goods and services tax on electric vehicles (EVs) to 5 per cent from 12 per cent along with slashing tax rates on chargers to 5 per cent from 18 per cent.

"I think it is a positive decision, it goes with our plans of electrification," Shetty said.

Exuding confidence over Taycon, he said, "It is built on an 800-volt architecture, which means that you can charge (batteries to cover 100 km) in just about 4 minutes and it has a range of 500 km."
On the newly launched Macan, he said it "has been one of our most successful series in India and with the new generation combining even more pronounced Porsche DNA, greater performance and comfort, I am confident that the success story is sure to continue."