Porsche Taycan Is A Fossil Porsche Killer
There’s a funny and misguided notion in much of the auto industry that any new electric vehicle is mostly just competing against other electric vehicles. It’s natural to want to compare a new model to the most similar model you can think of, but it’s misguided because, in many cases, new electric vehicle models are expanding the electric vehicle market.
With many new models — no matter the powertrain — buyers previously bought another model from the company. This is why “conquest sales” — pulling a buyer from another brand — is so important for automakers and dealers.
While most of the digital ink regarding the Porsche Taycan (and Mission E when it was called that) has been devoted to comparisons with the Tesla Model S, I think it really should have gone toward comparisons with other Porsche models.
New data show that the Porsche Taycan is now the top selling Porsche in Europe. Meanwhile, the 911 is down 37%, the 718 is down 5%, and the Panamera is down a whopping 71% and on the bottom of the sales ranking.