When Porsche back in 2015 first revealed its multi-year plan to develop an all-electric sports car, it called the forthcoming vehicle the Mission E. Since then, the excitement surrounding the Mission E has continued to build slowly but surely. And with good reason, the Mission E’s specs are truly remarkable and may ultimately sway some prospective Model S buyers to side with Porsche instead. We’ll re-visit the Mission E’s specs shortly, but for now you should know that Porsche’s upcoming EV will not, in fact, be called the Mission E when it becomes available for purchase in 2019. Rather, it will ship under an entirely new name — the Porsche Taycan.

According to a report from Reuters, Porsche made the announcement earlier today, with Porsche CEO Oliver Blume noting that “Taycan” means a lively and young horse, a creature which of course can be found on the Porsche logo.

Personally, I’m not a fan of the Taycan name, but the vehicle’s specs more than make up for what is arguably a clunky and uninspiring moniker. Set to be priced somewhere in the $85,000 range, the Porsche Taycan will boast a 0-62 MPH time below 3.5 seconds and will have a top speed in excess of 155 MPH. Raw acceleration and speed are certainly impressive metrics, but overall range is a much more important metric when we’re talking about electric cars. In that regard, the Taycan truly delivers as it will boast a range of 310 miles on a single charge.

What’s more, Uew Michael — Porsche’s head of Electrics/Electronics Development — recently said that the Taycan will be able to charge twice as fast as a Model S. Specifically, Michael said that a high-voltage superchargers will be able to give the Taycan 250 miles of range in less than 20 minutes.

As a final point of interest, it’s worth noting that Blume a few weeks ago suggested that all Porsche vehicles, by 2030, may be fully electric.

A life long Mac user and Apple enthusiast, Yoni Heisler has been writing about Apple and the tech industry at large for over 6 years. His writing has appeared in Edible Apple, Network World, MacLife, Macworld UK, and most recently, TUAW. When not writing about and analyzing the latest happenings with Apple, Yoni enjoys catching Improv shows in Chicago, playing soccer, and cultivating new TV show addictions, the most recent examples being The Walking Dead and Broad City.