- Payroll tax deal close: Why did Republicans back down? (+video)
- Israel says Bangkok, Delhi, and Tbilisi attacks all linked – to Iran
- Rick Santorum's new machine-gun ad: Will it work? (+video)
- As Sarkozy seeks new term, French are wary of 'Merkozy' (+video)
- Honduras prison fire kills more than 300, highlights regional problem (+video)
Porsche 918 Spyder will come with an electric plug
Porsche 918 Spyder in a plug-in hybrid version is going into production, promising low emissions and 198 m.p.h.
Porsche showed off this hybrid plug-in Porsche 918 Spyder concept car at the Geneva Motor Show in March. On Wednesday, the company said it would start developing the mid-engine two-seater, which is expected to get up to 113 miles per gallon in its economical driving mode.
PRNewsFoto/Porsche AG/Newscom/File
Electric cars can be cool!
Skip to next paragraph
Business Editor
Recent posts
-
02.13.12
Corporate boards are missing the big picture – and profits -
02.09.12
Does Suze Orman’s prepaid card solve anything? -
02.06.12
Oil prices will rise as supplies tighten? Hardly. -
01.30.12
Working beyond 65 can be good. Is it right? -
01.26.12
Davos meeting: Gloomy about economy, worried about capitalism
If the $100,000 all-electric and very sporty Tesla didn't get that message across, then maybe a plug-in hybrid Porsche will do the trick.
On Wednesday, Porsche announced it would go ahead with development of a plug-in Porsche 918 Spyder to be built in Germany. The car will be based on the 500-horsepower V8 concept car Porsche showed off at the Geneva Motor Show this spring.
Using its combustion engine and electric motor in racing mode, that two-seater, midengine Spyder had a top speed of 198 miles per hour and could go 0 to 60 in under 3.2 seconds. In economy driving mode, it was capable of 113 miles to the gallon.
The company said it decided to move forward with development because of the "overwhelming response" to its concept car.
The new plug-in Spyder will be built in a limited edition, reflecting the expectation that, while it's a very flashy car, it will be too expensive for the masses.
Although Porsche will announce pricing later, the electric Spyder is expected to cost far more than the Tesla.
RELATED:
These comments are not screened before publication. Constructive debate about the above story is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate any copyright[s]. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.