Porsche Has Received 30,000 Pre-Orders For Taycan Electric Sports Car

As Tesla’s market share of the electric vehicle space becomes more contested in early 2020, Reuters has reported that Porsche CEO Oliver Blume told Germany’s Handelsblatt newspaper that 30,000 customers in Europe have already placed down payments for its Taycan electric sportscar. 

Blume told the paper that each customer had paid 2,500 euros to reserve the vehicle, and 10,000 of them have placed a firm order to buy the car. 

He said the numbers so far have exceeded the company’s expectations.

Taycan, which is Porsche’s first series production electric car, will head to US dealerships in 2020. The company is planning on delivering 20,000 of the vehicles next year.

Taycan will compete against the Tesla Model S, both have comparable ranges of approximately 300 miles, and similar acceleration time of 0-60 mph in 3 to 3.5 seconds. 

Porsche is introducing its first electric car into the US market as Tesla controls about 75-80% of US electric vehicle sales. 

Shown below, Tesla Model 3 (estimates via automakers, Clean Technica) was the top-selling electric car in the US in Q3, with about 43,000 units sold. Next was the Tesla Model X with about 6,000 units, Chevy Bolt with 4,800 units, and Tesla Model S with 4,000 units sold.

US electric vehicle sales for the first nine months of the year show that Tesla dominated the US electric car market.

Tesla has noticeably had a jump in the electric vehicle space, but its domination could be running out of time in the early 2020s as major manufacturers, like Porsche and Audi, are bringing online new models that have started series production, which will start entering the US markets in late 2019 and early 2020, ultimately will unleash electric car deflation and drive down prices that could financially strain the “modified Ponzi scheme” known as Tesla.