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Porsche Macan EV begins real-world testing: Taycan-like infrastructure, release date revealed
Porsche announced earlier today in a press release that the all-electric Macan has started real-world testing, beginning one of the most important milestones in automotive development. Along with the announcement that the vehicle has left the proving grounds at the company’s Development Center in Weissach, Germany, Porsche also revealed when it plans to launch the Macan EV into the highly-competitive electric segment, along with some preliminary specs that are similar to the all-electric Taycan from the luxury German automaker.
Porsche’s press release revealed the Macan EV wouldn’t enter the market until 2023, but the automaker is doing its due diligence now to ensure that it is ready for purchase by that time. “Testing in a real-life environment is now getting underway – one of the most important milestones in the development process,” Member of the Executive Board, Research and Development Michael Steiner said. By the time it hits the market in two years, Porsche will have covered around 3 million test kilometers worldwide in a wide array of conditions to ensure its safety and performance.
Michael Steiner with the Porsche Maycan prototypes. (Credit: Porsche)
The Macan EV has been in development for about two years. Previously, Porsche was utilizing digital testing and development processes to save time and costs. It also makes the development process of a vehicle more sustainable and gives high degrees of accuracy to numerous testing processes, including aerodynamics. An example of the aerodynamic development process is pictured below.
The digital testing process contributes much more than statistics and data. The first physical builds of the Macan EV were built upon the data that Porsche obtained from its simulations. The prototypes are then regularly adapted based on the virtual refinement process, Porsche said. Inversely, the findings from real-world testing scenarios are then fed back into digital development. “Endurance testing on closed-off testing facilities and public roads in real-life conditions is still indispensable to ensure that the vehicle structure, operational stability and reliability of hardware, software, and all functions meet our high-quality standards,” Steiner added.
Although the vehicle is entering some of the final and most crucial stages of development, Porsche is already releasing some information regarding the specifications and electrical architecture that it will utilize. Identical to the Taycan, the Macan EV will also use an 800-volt architecture, offering “typical Porsche E-Performance,” Steiner said. The 800-volt architecture allows for fast charging at 270 kilowatts, and Porsche plans to have two battery sizes available for the Macan. It will also reportedly have “significantly” more range than the Taycan, which the EPA tops out at 201 miles. However, some tests have shown significantly more range than that.
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- Credit: Porsche
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- Credit: Porsche
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- Credit: Porsche
Because the Macan EV will utilize the same voltage architecture as the Taycan, the performance and range will be similar between the two models. However, Porsche plans to build the Macan on the new Premium Platform Electric (PPE) architecture that will be used on future Audi and Porsche products.
Porsche is “positioning itself flexibly for the transition to pure electromobility,” the company says. As the global automotive market becomes more inclined to purchase electric powertrains, Porsche is using its experience to strategically plan more electric models for the coming years. In Europe, demand for electric vehicles continues to rise, but the pace of change varies considerably across the world,” Steiner said.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
