Make way for the Porsche Taycan, the latest version of the German automaker’s first electric sports car.

Announced this week, the “Standard” Taycan is coming with the simple name “Taycan” as opposed to the 4S or the Turbo S. It will come out later this year in the US as the most basic option in the electric Taycan range. It will also be the cheapest mode, starting at $ 79,900. That’s finally getting close to the Tesla Model S, which starts at around $ 70,000.

Before that was the was the “budget” Taycan …

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