Porsche sees significant demand for all-electric Taycan

Luxury sports automaker Porsche AG is attracting significant demand for its Taycan model, causing wait times for the all-electric coupe to up to six months, CEO Oliver Blume said on Monday.

“Our original production capacity for the Taycan was 20,000 units this year – we’ve sold that many in the first half of the year,” Blume informed a panel discussion at the IAA Mobility show in Munich.

“Incoming orders are huge – they are good in China too,” said Blume, adding that the automaker like other automakers, has been dealing with chip shortages and had more incoming orders than it could meet.

Generally, the waiting time for a new vehicle was four months but they have now stretched to half a year, Blume added.