Porsche claims 30,000 orders for its full-electric Taycan sports car

Porsche is all set to challenge the leader of the electric car manufacturers, Tesla, with its recently announced fully electric Taycan sports car that is expected to hit the market at the start of 2020. At $103,800 to $185,000 price tag, the German automobile manufacturer had previously announced its electric car to be comparable to Tesla Model S in terms of specifications, performance, and size of the vehicle. The company had also highlighted that the current Tesla users are taking an avid interest in the launch of the Taycan sports car next year.

As of Wednesday, CEO Oliver Blume revealed that as many as 30,000 customers in Europe have already made down payments for Porsche’s fully electric Taycan sports car. The CEO reported the figure in an interview with the Handelsblatt newspaper of Germany.

Customers Made A Down Payment Of 2,500 Euros

The CEO further added that the customers have made 2,500 euros of down payments for Porsche’s new offering. As many as 10,000 of these customers have already finalized their orders and are set to have the vehicle deliver in the upcoming month. According to Blume, the figures so far have been significantly better than what the company had originally anticipated.

According to Porsche, U.S dealerships can be expected to receive the shipment in January 2020. The rest of the markets, however, are likely to see a slight delay before the vehicle is available to purchase. The company expressed confidence that the fully electric Taycan sports car will be made available in all markets latest by the next fall. The German manufacturer has set a target of delivering 20,000 vehicles in total in the upcoming year.

Tesla To Build Its First Design Center In Berlin

Tesla, on the other hand, has expressed its plans of posing a serious challenge to Porsche and recently announced that its first design center and European factory will be launched in Berlin in the near future. Tesla has also entered a new market segment with the launch of its fully-electric pick-up truck to further expand its customer base.

According to the Bild newspaper, Tesla is currently negotiating the purchase of the construction site. By the spring of 2020, the construction of the factory is expected to begin in Berlin.

Following the news on Wednesday, Porsche’s stock was seen trading 0.84% higher. Having opened the day at €66.38 this morning, share prices have printed a daily high of €67.02 so far and is currently trading at €66.92. The stock has gained over 35% in 2019 so far.