BREAKING: Porsche 918 Spyder gets green light for production

Porsche 918 Spyder

After all the waiting, rumors and reports, Porsche today announced that it has officially given the green light to the 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,” Porsche said in a statement.

Click here for more news on the Porsche 918 Spyder Concept.

“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.”

Prices of the production model are expected to start around 500,000 euros ($630,000 USD).

Refresher: Power for the Porsche 918 Spyder Concept comes from a 3.4L mid-mounted V8 making 500-hp. The engine is mated to two electric-motors sitting on the front and rear axle with an additional output of 218-hp. Power is driven to the wheels by Porsche”s 7-speed Doppelkupplungsgetriebe PDK transmission, allowing the 918 Spyder Concept to go from 0-62 mph in 3.2 seconds with a top speed of 198 mph. Drivers are allowed to choose from four different driving modes including E-Drive, Hybrid, Sport Hybrid and Race Hybrid. The E-Drive mode lets the 918 Spyder concept run on pure electricity with a range of 16 miles.

Porsche 918 Spyder Concept:

– By: Omar Rana