Good news for Porsche lovers, the German automaker has decided to put the 918 into production. The 918 was first seen at this year’s Geneva Motor Show with a plug-in hybrid motor that could manage 78 miles per gallon, or so they claimed.

The concept car used a 500-horsepower V8, along with a pair of electric motors with 109 horsepower each. There was also a lithium-ion battery back that could give drivers 16 miles of emissions-free driving. We don’t except that crazy engine setup to change when the car is put into production.

We have heard a few rumors that suggest the 918 Spyder will cost $650,000, but it should qualify for tax credit, not that it means much. The $7,500 credit won’t do much to soften the blow. This car makes even a Ferrari 612 seem cheap. You could buy a Nissan Leaf to be green and an Aston Martin DBS for fun and still have money left over before you reach the price tag of the 918.

Hit the jump to see the press release.

Green Light for Series Development of the 918 Spyder

Stuttgart. In its session today, the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, gave the green light for series development of the Porsche 918 Spyder. Reflecting the overwhelming response from the public and customers to the Concept Study, the Supervisory Board gave Porsche’s Board of Management the mission to develop a production model based on the car already presented. This concept version of an ultra-high-performance mid-engined sports car with plug-in hybrid technology made its debut at the 2010 Geneva Motor Show and at Auto China in Bejing, hitting the headlines worldwide.

Michael Macht, President and Chairman of the Board of Management of Porsche AG: "Production of the 918 Spyder in a limited series proves that we are taking the right approach with Porsche Intelligent Performance featuring the combination of supreme performance and efficient drivetrain concepts. We will develop the 918 Spyder in Weissach and assemble it in Zuffenhausen. This is also a very important commitment to Germany as a manufacturing base."

The Concept Study of the 918 Spyder allows CO2 emissions of just 70 g/km, corresponding to fuel consumption of 3.0 litre/100 km (94.1 mpg imp) in the NEDC, on the one hand, and the performance of a super-sports car, on the other. This extremely efficient drivetrain technology then forms a symbiosis in the 918 Spyder with truly outstanding design and high-tech motorsport achievements. Further product details of the 918 Spyder will be disclosed in the months to come.

What do you think?
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11 comments:

  (677) posted on 03.29.2011

hmm. What is this carbon copy of Pagani? Seriously, I think Porsche has copied the platform of Pagani. I smell something fishy here! 

  (831) posted on 09.21.2010

Agreed, though it wasn’t a shock, Porsche’s been clear they’ve been engineering this since they finished engineering the Carrera gt, so it’ll make
production, and it’ll make it most likely unchanged. god i love how Porsche works. BAM. here’s a revolutionary new super car while all y’all were sleeping :P

  (677) posted on 09.21.2010

i thought the Porsche GT2 RS holds the current record? but I’m not sure.. i changes so much I’ve stopped caring haha

  (1211) posted on 09.21.2010

Yes do it. Do it without Electric power train.

  (745) posted on 08.19.2010

Driving into the future, yeah, sounds interesting.

  (462) posted on 07.29.2010

This car is like a re-definition of the exotic. On the one hand, at 70+ mpg, one will not have to pay for a gas guzzler tax any more...On the other hand, nobody can say anymore that hybrid cars have a stupid look...

  (309) posted on 07.29.2010

wow! Thanks to you German automaker for producing this Porsche 918. That was a boom! Its really cool, I love the appearance. Very futuristic! I guess while driving this, It’s like your a superhero ready for some action!

  (92) posted on 07.29.2010

@aPACKofWEASELS.... it has two electric motors and those aren’t any regular ones ... they produce much more power than any prius... and it looks sensational!

  (6) posted on 07.28.2010

me too guys and I’m waiting for the news of the 918 GT

  (206) posted on 07.28.2010

Hmmm, a 700hp supercar that gets better MPG than a Prius. I can’t put my finger on why, but I don’t believe it.

  (92) posted on 07.28.2010

I’ve been waiting for those news since i first saw the car

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