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More Than 20 Thousand People Have Already Signed Up for the Porsche Taycan

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2015 Porsche Mission E concept car
Photo: Porsche

Though it won’t go on sale until the end of the year, the Taycan is attracting a lot of prospective buyers. According to Porsche, more than 20,000 people around the world have already put down four-figure deposits for the car, to which the automaker responded by increasing first-year production.

Twenty thousand might not seem like much to a company like Ford, which sells three times that many F-150 pickup trucks every month, but it’s a hell of a big amount for a low-volume manufacturer like Porsche, whose high-performance machines tend to sell for well over $100,000.

In fact, last year Porsche sold 23,500 Macan SUVs in the United States to set a new sales record. It was by far its most successful model. In Europe, the deposit amount required to reserve a Taycan is around $2,800. That more than 20,000 people have already put down that money is a testament to the car’s hype.

Related: Explore the modern Porsche lineup

The Taycan will offer around 300 miles of range, over 600 horsepower, an acceleration time of 0-60 mph of just 3.5 seconds, and an 800-volt fast-charging system that will be capable of providing 80 percent charge in under 20 minutes.

The Taycan will also be not just Porsche’s very first all-electric car but also the only available electric sedan from a traditional luxury automaker until the Audi e-tron GT. It will be positioned between the Cayenne SUV and Panamera executive car with a starting price around $75,000.

Related: Should you buy your Porsche new or used?