The Germans who originally scoffed at Toyota's hybrids are now copying the technology.
The Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, today approved the development of the Porsche 918 Spyder.
The concept version of a Boxster based mid-engine sports car with plug-in hybrid technology made its debut at the 2010 Geneva Motor Show and at Auto China in Beijing earlier this year.
Porsche is claiming that the 918 Spyder will produce CO2 emissions of 70 g/km, corresponding to fuel consumption of 3.0 liter/100 km (94.1 mpg imp) in the New European Driving Cycle.
Porsche is also claiming the Spyder will have the performance of a high performance sports car, which is a return to its heritage even though Porsche now sells more trucks and sedans than sports cars.
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Defining “Porsche” has provoked quite a debate about the Southern German automaker, which made its name with small, fuel-efficient, extremely capable variants of Volkswagens, but has recently thrived as the maker of four-door sedans and sport utility vehicles.