We knew it back in March, but after months of speculation, it's official: Porsche's mid-engine 918 Spyder hybrid concept will enter production.
"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," said Porsche President and CEO Michael Macht.
Porsche's first plug-in hybrid supercar will be developed in-house by Porsche in Weissach, Germany, and produced in Zuffenhausen. The 918 Spyder concept car's efficient powertrain allows for above 700 horsepower, through a 495-horsepower 3.4-liter V-8 and three electric motors, and a resultant 78 mpg (94.1 imperial mpg). No information regarding pricing has been released yet, though preliminary estimations hover around $630,000.
In our First Look at the 918 Spyder, European bureau chief Georg Kacher predicted the 918 concept "will pave the way for the next Porsche supercar." Automotive design editor Robert Cumberford praised the 918 for having "about twice as many good styling ideas as it needs, and no doubt they'll eventually be used -- but not all at once."
The 918 Spyder will make its first American appearance at the Pebble Beach Concours d'Elegance this August.