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Porsche Taycan EV nameplate could be on the chopping block – report

admin by admin
March 11, 2026
in Auto News
0

The Porsche Taycan nameplate could be a one-generation wonder, with the German auto brand reportedly weighing an electric version of the next Panamera to replace it.

Autocar reports Porsche is considering merging the Taycan and Panamera into a single model line offering the choice of petrol, plug-in hybrid and electric powertrains.

It’s unclear whether this model would wear the Taycan or the more established Panamera nameplate. The Taycan entered production in 2019, while the Panamera name dates back another decade.

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Porsche is reportedly looking to share more than just a name between these currently parallel model lines, with greater parts sharing mooted as a means of reducing cost.

The proposed move comes despite Kevin Giek, head of the Taycan product line, telling the same publication in 2024 that Porsche had a “high interest to keep [the Taycan] as a long-lasting car line, like the 911”.

Mr Giek argued the two vehicles were “obviously different”, with the Panamera being “more spacey, more luxury” compared to the Taycan which “which is more focused on sportiness, on real sports car behaviour”.

Plenty has happened since 2024, however, including a cooling of the luxury electric vehicle (EV) market and a 10 per cent global sales slump for the German brand in 2025 – including a concerning 26 per cent drop for the crucial Chinese market.

In September 2025, Porsche announced it was taking a €1.8 billion (A$3.2bn) hit to operating profit as part of a shake-up of its EV plans, which will see the next-generation 718 sports car – previously confirmed to be EV-only – gain the option of petrol powertrains.

Porsche’s upcoming seven-seat flagship SUV, codenamed K1, will no longer be an EV, instead launching with petrol and plug-in hybrid power, while the company’s SSP Sport EV platform will be delayed.

Autocar reports Porsche could sell two different vehicles under the same nameplate – either Taycan or Panamera – as it currently does with the Cayenne and Cayenne Electric. Notably, despite their shared name, these two SUV models ride on different platforms and feature different styling.

The current Panamera is underpinned by the MSB platform, shared with the Bentley Continental GT, while the Taycan uses the J1 platform shared with the Audi e-tron GT. The latter was expected to move to the delayed SSP Sport platform.

The Taycan is currently offered as a four-door sedan or a five-door wagon, while the Panamera is a five-door liftback; a wagon version of the latter nameplate disappeared with the launch of the latest Panamera in 2024.

While the Panamera offers petrol and plug-in hybrid powertrains and the Taycan is purely electric, there’s plenty of overlap in terms of both size and price between the two model lines.

The standard Panamera measures 5052mm long, 1937mm wide and 1423mm tall on a 2950mm wheelbase, while the Taycan in sedan guise is 4963mm long, 1966mm wide and 1378mm tall on a 2900mm wheelbase.

The Panamera does have one ace up its sleeve in some markets, however: a long-wheelbase Executive version, which measures 5202mm long on a 3100mm wheelbase. There’s no such member of the Taycan family.

There’s a lot of overlap between the Panamera and Taycan on price, too. In Australia, the Panamera is currently priced from $246,700 to $499,900 before on-road costs, while the Taycan is priced from $181,200 to $419,000 plus on-roads.

MORE: Explore the Porsche Panamera showroom

MORE: Explore the Porsche Taycan showroom

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