Watch as Porsche unveils its all-electric sports car: the Taycan

Porsche unveiled its first fully electric car, the Taycan, at simultaneous events in Germany, China and Niagara Falls, Ontario, on Wednesday. The Taycan Turbo starts at $150,900 with the more powerful Taycan Turbo S at $185,000.

That’s far higher than the most expensive Tesla Model S which can top out just over $100,000.

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