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Taycan, Porsche’s First EV, Outsells Company’s Iconic Sports Car

Established automakers have jumped into the burgeoning electric vehicle (“EV”) industry with plenty of gusto. Most automakers have pledged to electrify their lineups over the next two decades, with some of them already unveiling EV models to extremely positive reactions. Large automakers have been able to leverage their decades of experience and contacts gathered from years in the business and electrify their lineups in ways that EV start-ups never could. The results have been encouraging, to say the least, and no car maker has experienced this as much as German auto-manufacturer Porsche.

Interestingly, the German company currently has only one electric vehicle on the road: the all-electric Porsche Taycan. Unveiled in late 2019, the Porsche Taycan features game-changing EV technology and was Porsche’s first foray into the electric vehicle segment. In the nearly two years since sales began, the four-door, dual motorsports car has enjoyed significant sales, so much so that the groundbreaking electric vehicle has already outsold Porsche’s influential, high-performance 911 series. First launched…

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NOTE TO INVESTORS: The latest news and updates relating to Net Element (NASDAQ: NETE) are available in the company’s newsroom at http://ibn.fm/NETE

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