Porsche unveiled its most powerful, speedy luxury car to date on Monday: the electric Taycan Turbo GT, which takes just 2.1 seconds to reach 60 miles per hour.
But with a staggering 1,093 horsepower that ranks among the highest on the market, it will come at a steep price tag around $230,000, according to Porsche’s CNN.
The production car is currently available for pre-order and is set to hit the market this summer.
The Taycan Turbo GT has already set two race track speed records for EVs, even beating a Tesla Model S in one contest by a whopping 18 seconds.
For reference, Swedish manufacturer Koenigsegg’s Regera boasts the highest horsepower money can buy, with a power output of 1,479 — and an exorbitant price tag of $1.89 million to match.
Porche’s Turbo GT is the latest, more powerful version of the German manufacturer’s base Taycan model — which is also a speedy option that can rev to 60 miles per hour in 4.5 seconds.
