Porsche is developing two new electric sedans in the form of an electric Panamera and a second-generation Taycan.

It is understood that the two models will be based on the VW Group’s Scalable Systems Platform (SSP). This platform will be tweaked for use in the new models with reports suggesting that Porsche wants a low cabin floor and rear footwells similar to those of the current Taycan. The packaging will also contribute to a low center of gravity.

Autocar notes that the development of the Panamera EV is still in its infancy but it is tipped to have a wheelbase and length similar to the long-wheelbase Panamera currently available to Chinese customers.

The new model will also rock an 800-volt battery that is said to feature more energy-efficient cell technology and a higher-silicon-content anode than what Porsche currently uses. Both single- and dual-motor variants are expected.

Porsche is expected to sell the Panamera EV alongside a facelifted version of the current ICE Panamera. The electric model will debut in the second half of the decade while the regular Panamera could stick around until 2030. The styling of the electric model will be quite similar to existing combustion-powered models.

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A number of key parts will be shared between the Panamera EV and the second-generation Taycan. For example, they will sport similar structural, drivetrain, and chassis components while also featuring an operating system from the Volkswagen Group’s Cariad software division. The electrical architecture underpinning both vehicles should also support Level 3 autonomous driving technology.

These aren’t the only new vehicles being developed by Porsche. It is understood the carmaker is working on a new seven-seat SUV that will be the first model to use the SSP Sport platform. Porsche’s new electric SUV is expected to make its debut in the middle of the decade.