https://www.cnbc.com/2019/01/23/this-is-the-electric-porsche-sports-car-people-are-lining-up-for.html
Porsche doubles production of the electric car it hasn't even released yet
in run for Tesla's market
23 Jan 2019  Robert Ferris

[images  
https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2019/01/23/105695092-1548258789670taycan_2019_porsche_ag.jpg
2019 Porsche Taycan  / Source: Porsche

https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2019/01/23/105695149-1548260024417taycan_2019_porsche_ag.jpeg

https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2019/01/23/105695100-1548258951000taycan_2019_porsche_2.jpg

https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2019/01/23/105695345-1548264091505taycan_2019_porsche_ag1.jpeg

https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2018/03/01/105038434-Jaguar_I-PACE_on_road.jpg
The Jaguar I-PACE is its first, all-electric vehicle.
]

   - Porsche boosts production on its electric Taycan car from 20,000 to
40,000 units.
   - The company expects the car to be available in the U.S. by the end of
the year.

Porsche is already having to double its production plan on the electric car
it hasn't even released yet.

The German carmaker known for its sports cars and racing heritage said
stronger-than-expected demand has led it to boost production on its electric
Taycan car from 20,000 to 40,000 units, the company confirmed to CNBC on
Wednesday.

"We had been ready for it," said Andrew Lennon, a manager of product
communications for Porsche. "We had the ability to increase capacity from
the beginning, and executives recently made the decision to go ahead."

Porsche announced a second variation of the vehicle based on the Cross
Turismo concept in October. The company began taking orders last summer and
expects the car to be available for sale in the U.S. by the end of the year.

The Taycan is yet another example of several high-end electric cars expected
to enter the market over the next few years. For example, Jaguar launched
the I-Pace electric crossover last year, Audi plans to soon roll out its
e-tron sport utility vehicle. Even Ford plans to offer a high-performance
electric inspired by its Mustang sports car.

The sports car is expected to give Tesla a run for its money, or at least a
run for its customers. Tesla sold 245,240 vehicles last year: 145,846 Model
3 sedans and a combined 99,394 Model S sedans and Model X SUVs.

The Taycan, a name the company says roughly translates to lively young
horse, is expected to start at around $80,000, according to Electrek
magazine.

Porsche sold 57,202 vehicles in 2018, almost half of which were its Macan
crossover utility car. Its popular SUV, the Cayenne, had 10,733 in sales,
and its signature 911 sports car sold 9,647 units. Sales of its 718
entry-level sports car and Panamera sedan made up the rest.
[© cnbc.com]


+
https://www.tvnz.co.nz/one-news/world/road-make-affordable-car-tesla-cuts-jobs?variant=tb_v_1
On the road to make an affordable car, Tesla cuts jobs
Jan 19 2019  
Tesla will cut 7 percent of its workforce as it tries to lower prices and
break out of the niche-car market to produce an electric vehicle that more
people can afford ... had boosted its payroll significantly to meet
production goals, but then cut its staff by 9 percent in June ... 7 percent
cut would mean that about 3,150 people will lose their jobs
https://www.tvnz.co.nz/content/dam/images/news/2017/10/13/this-baby-is-worth-about-200-000-tesla-electric-cars-rolled-ou.hashed.d866903d.desktop.story.share.jpg
...
https://www.herald-dispatch.com/business/tesla-cuts-jobs-strives-for-affordable-electric-cars/article_98ed4670-4da1-59c2-814b-d3e640aa70cc.html




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