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BREAKING: Porsche approves 918 Spyder for production

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BREAKING: Porsche approves 918 Spyder for production

by Sam Abuelsamid (RSS feed) on Jul 28th 2010 at 11:32AM

As expected, the Porsche supervisory board has approved the development of the 918 Spyder concept into a series production model. The 918 debuted as a concept at this year's Geneva Motor Show with a plug-in hybrid powertrain claimed to provide 78 miles per gallon.

The concept used a 500-horsepower V8 along with a pair of electric motors with 109 hp each and a lithium ion battery that can provide 16 miles of emissions-free driving from grid energy. The powertrain is not expected to be changed much for production and Porsche has not announced when 918 will be available. There has been speculation that the production model could cost up to €500,000 (about $650,000 USD), although if it comes to the States, it should be eligible for a federal tax credit. Even with up to $7,500 it still makes the Chevrolet Volt look downright cheap.

Before you start looking in your couch cushions for a down payment, check out the official press release after the jump and our high-res gallery below.

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.

link:

http://www.autoblog.com/2010/07/28/report-porsche-approves-918-spyder-for-production/

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Porsche Green Lights 918 Spyder 718HP Plug-in-Hybrid Supercar for Production

Wednesday, July 28, 2010

It's official; Porsche will build a limited series of its radical 918 Spyder plug-in hybrid concept that made its debut at the 2010 Geneva Motor Show earlier this year.

"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," Porsche said in statement on Wednesday.

Porsche insiders noted earlier this year that in order for the car to be produced, the company needed a minimum of 1,000 orders. A report from Bloomberg in the beginning of July made word of at least 2,000 individuals placing non-binding expressions of interest for the supercar.

"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 Michael Macht, President and Chairman of the Board of Management of Porsche AG.

"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 version of the mid-engined two-seater 918 Spyder featured a plug-in hybrid drivetrain comprising of a mid-mounted 500HP 3.4 liter V8 gasoline engine, and electric motors located on the front and rear axle with a combined output of 218-horsepower.

The company claims that the hybrid supercar should return 78 mpg US (3 liters / 100km) with CO2 emissions of just 79g/km, hit 100km/h (62mph) in 3.2 seconds, reach a top speed of around 320km/h (198mph) and speed around the 'Ring faster than its predecessor, the Carrera GT.

Porsche didn't say when it will introduce the production version of the 918 Spyder, which is rumored to carry a price tag of around $630,000.

LINK:

http://carscoop.blogspot.com/2010/07/porsche-green-lights-918-spyder-718hp.html

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2015 Porsche 918 Spyder Hybrid

By Mark Kleis

When Porsche first unveiled its latest technological marvel at the Geneva Motor Show earlier this year, known as the 918 Spyder Hybrid, car nuts around the world wanted to know when and how it could get one.

At the time, the 918 was nothing more than a concept car. After realizing how strong the support was for the car, Porsche announced that it would go into production with the 918 if it could obtain 1,000 letters of intent – at an astonishing $600,000 per car. Leftlane reported in late April that Porsche had topped 900 letters of intent, giving the automaker enough confidence to begin moving forward with production despite being short of the goal at the time.

“I’m confident that we will soon reach the threshold of 1,000,” Wolfgang Duerheimer, Porsche chief said in an interview with the media. “We need 1,000 seriously interested people to make a sound business case.”

Now Porsche has announced that it has reached its 1,000 unit goal, cementing the future of the 918 Spyder Hybrid as a production vehicle. Porsche says this truly exotic high-performance hybrid will be produced at its facility in Zuffenhausen, outside of Stuttgart.

Two sources familiar with the Spyder have told Bloomberg that the Carrera GT’s replacement will be priced at $630,000.

The plug-in hybrid combines a V8 power unit delivering more than 500 hp and three electric motors with a combined electric output 160 kW (218 hp), boasting overall output of 718 hp. Fuel efficiency is said to be 78.4 U.S. mpg, making this the fastest and greenest Porsche ever created.

The sprint to 62 mph is said to take just 3.2 seconds, and a top speed of 198 mph is sure to be ample for Autobahn cruising. Porsche says the car will lap the Nurburgring Nordschleife in under 7:30 – besting the Carrera GT.

LINK:

http://www.leftlanenews.com/porsche-918-spyder-hybrid.html

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