News
Porsche reveals Taycan specs: 310-mile range, ultra-fast charge 800V battery
Porsche dubs the Taycan, formerly known as the Mission E sedan, as one of its most important vehicles since the iconic Porsche 911. The upcoming all-electric, high-performance luxury sedan is expected to compete with some of the electric vehicle market’s most formidable mainstays, such as the Tesla Model S. With a drive unit developed from Porsche’s racing pedigree and battery tech that enables ultra-high-speed charging, the Taycan is set to make an impact when it starts production next year.
The auto market is starting a shift towards electric mobility, and the Taycan will be Porsche’s flag bearer for the next few years. By 2025, the legacy automaker is aiming for “every second Porsche sold to have an electric drive unit,” meaning half of its offerings would be fully electric and the other half will be plug-in hybrids. The Taycan is projected to hit a production rate of 20,000 vehicles per year, translating to roughly 67% of the current sales figures of the Porsche 911.
The Taycan is equipped with two permanently excited synchronous motors (PSM) that produce a combined 600 hp (440 kW). Porsche’s PSM motors were used by the company in the 919 Hybrid, a sports-prototype racing car that won the 24 Hours of Le Mans in the event’s Prototype-1 Hybrid (LMP1-H) category. The carmaker states that PSM electric motors are the “turbos of the electric motor milieu,” considering their capability to boast high sustained performance while maintaining maximum efficiency. Naser Abu Daqqa, director of electric drive systems at Porsche, described one of the strategies employed by the company to maximize the performance of the Taycan’s electric motors.
“The coils are made of wires that aren’t round, but rather rectangular. This makes it possible to pack the wires more tightly and get more copper into the coil machines—increasing power and torque with the same volume,” Abu Daqqa said.
Porsche’s battery unit for the Taycan is estimated to give the all-electric car a range of 310 miles per charge. In a press release, Porsche stated that lithium-ion batteries are utilized for the all-electric sedan’s battery pack. The Taycan is equipped with an 800-volt battery, comprised of cells that hold 4 volts each.
The Taycan’s battery unit prioritizes speed over weight. Instead of installing heavy batteries, Porsche opted to employ ultra-fast charging solutions instead, using an intelligent charging protocol and a heat exchanger system that can get the vehicles’ batteries up to operating temperature quickly and cooling them when needed. Due to its battery’s design, Porsche was able to use thinner cables on the vehicle as well, allowing the company to save even more weight.

The Taycan’s fast-charging system aims to add 248.5 miles worth of range in roughly 15 minutes. Dubbed the IONITY network, the ultra-fast-charging system is a joint venture with other automakers such as the BMW Group, Daimler AG, the Ford Motor Company, and the Volkswagen Group with Audi. IONITY’s chargers have a capacity of up to 350 kW per charging point, far above Tesla’s 120 kW Supercharger network. Porsche is exploring home charging solutions as well, including inductive charging via a base plate installed on a garage floor. Lastly, the Taycan will also be compatible with existing charging infrastructure in major cities.
As Porsche prepares to start manufacturing the vehicle next year, the company is currently hard at work testing prototypes of the electric car in several regions across the globe. In the western part of South Africa alone, 21 camouflaged Taycan prototypes are currently being deployed to test how the all-electric cars fare in hot weather. By the time the Taycan starts production in 2019, Porsche expects its test vehicles to have accumulated millions of kilometers worth of data from road tests.
The Taycan is expected to showcase Porsche’s trademark performance, with the vehicle being listed with a 0-60 mph time of 3.5 seconds, a range of 310 miles per charge, and a top speed of 155 mph. Pre-orders for the Taycan were recently opened to interested buyers and so far, Porsche has noted that the reception to the car has been very positive.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk
Elon Musk responds to Volvo’s latest LiDAR decision
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
News
Tesla Summer Update begins rolling out: a look at the new features
Tesla has started to deploy the 2026 Summer Update to owners across its fleet, and among the biggest changes are improvements to Navigation, a new startup animation for the Model 3 and Model Y, Caraoke scoring, and new capabilities for Grok.
As the update has started making its way to some cars, we can now see a few of the features operating in real-time. We will show you what some of the new features look like in this article, along with some additional details on what changed.
Not all of the new features in the 2026 Summer Update have quite made an appearance, but some of them have, so we’ll show those here:
New Animation Screen for 3/Y
Tesla is rolling out a new startup animation for Tesla Model 3 and Model Y owners. This is present in Launch Edition and Performance Model 3 and Model Y, but other trim levels do not have anything like this.
The new animation screen on Model 3/Y with the 2026 Summer Update
Apparently color will also be customizable: pic.twitter.com/wSdwggtG3S
— TESLARATI (@Teslarati) July 27, 2026
Owners can adjust the color associated with the startup animation to suit their preferences. It is a surprise that more automakers do not focus on this animation for their vehicles; it can be a great first impression piece and make the car immediately feel more luxurious.
Tesla has included this on more premium trims, but it is nice to see it on the Model 3 and Model Y.
Grok Improvements
Grok can now adjust more things in the car outside of the Navigation system. Now, drivers can adjust anything from climate to driving settings by simply speaking to the AI assistant in the car:
@Tesla‘s AI assistant (Grok) with its new vehicle commands in action.
Set the climate, your destination and vehicle settings all in one go! pic.twitter.com/0bBTqaAk6G
— Not a Tesla App (@NotATeslaApp) July 28, 2026
You don’t even have to push a button, either. Instead, you can just say “Hey, Grok,” if you have it enabled. That feature rolled out with the 2026 Spring Update just a few months back.
This is a great feature, especially pertinent for the Robotaxi platform, as there will be no buttons inside the Cybercab when it eventually starts giving rides to the public. It also broadens Grok’s capabilities, which were relatively limited in terms of vehicle setting adjustments beforehand.

