The Porsche Taycan is an all-electric executive car produced by Porsche since 2019. It is currently available as a sedan although station wagon versions will be offered in the near future. The name "Taycan" roughly translates to "lively young horse" from Turkish, in reference to the horse on Stuttgart's coat of arms in Porsche's logo. The Turbo S, which this casting replicates, is the most powerful trim level featuring 751 BHP.
This casting was originally intended to be released in 2020 along with the rest of Hot Wheels id's Series 2 lineup, but numerous production delays due to the COVID-19 pandemic and poor sales led to a bulk of the original Series 2 cars not being released on schedule. What was intended to be the initial release of the Taycan would resemble the Porsche Taycan Turbo safety car used in the Porsche Carrera Cup Deutschland series. The casting thus debuted in the 2021 mainline without being labeled a New Model.