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 |  Jul 28 2010, 12:36 PM

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Porsche has green-lit their hybrid supercar concept, the 918 Spyder, for production. The 918 Spyder, able to get 78 mpg while hitting 60 mph in 3.2 seconds, is expected to cost $630,000 by the time it hits the streets. We wonder if the much hyped $7,500 tax credit will apply, but when you’re this deep into the price bracket, it scarcely matters.

While purists may scoff at the notion of a Porsche hybrid supercar, the 918 Spyder is a very significant car, whether you love it or hate it. The 918 shows that the word hybrid does not have to mean “boring econobox”, and that even sports car makers like Porsche have capitulated to the “green fever” that has gripped our society over the last decade.

[Source: Porsche]

Hit the jump to read the official press release

Continue Reading…

 |  Apr 27 2010, 12:32 PM

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Porsche‘s 918 Spyder hybrid supercar may be close to production after the automaker revealed it had approximately 900 people who are interested in buying it.

Wolfgang Duerheimer, development chief for Porsche, said that 1,000 interested parties were needed before Porsche could green-light the eco-friendly sports car, which uses a 500 horsepower V8 and an electric motor to help deliver a claimed 78 mpg fuel economy rating.

Porsche has a history of building ultra-exclusive low volume models, like the Carrera GT and the historic 959, but the 918 Spyder would be the first road-going supercar that also uses hybrid technology. The 918 is also part of Porsche’s new long-term strategy to add more models to its range, although no specifics have been revealed.

[Source: Bloomberg]