FRANKFURT -- Porsche will sell its long-planned Pajun sedan only as an electric car to compete with vehicles such as the Tesla Model S, a German magazine said.
Porsche has dropped plans to sell gasoline and diesel variants of the Pajun, auto motor und sport reported.
Porsche executives think the sporty sedan segment is too crowded for a conventionally powered Pajun with cars such as the Audi A6, BMW 5 series and Mercedes-Benz E class, joined last year by the Maserati Ghibli, auto motor sport said.
The Pajun will go on sale in 2018 or 2019 with an electric drivetrain, the report said. Porsche is betting that in three or four years, battery technology will have advanced to a stage where EVs will have a range of 350km to 400km (217 miles to 248 miles), avoiding the range anxiety that has hurt sales of battery-driven vehicles.
The 4600mm long Pajun will use technology from its larger sibling, the Panamera. The production Pajun (short for Panamera Junior) likely will have a different name than Pajun.
Porsche is expanding its lineup to include plug-in hybrid variants that already include the Panamera and Cayenne large SUV.