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Finally, Porsche has officially received the green card to produce its hybrid super car – Porsche 918 Spyder. It was first shown as a concept at this year’s Geneva Motor Show, held from 4–14 March 2010. After re-drawing the landscape of what a hybrid performance car can be green car has been considered for production by the Beijing Auto Show.

The two-seater that has a top speed of 198mph is based on electric drive-systems as well as 500-horsepower V-8 engine, which allows the car to run up to a range of 16 miles.

Porsche had put a 1,000-buyer threshold on the decision to build the 918 Spyder. By late April, the number signed up to buy one, should it be built, was over 900. It now looks like the 1,000-mark has been cleared, as Porsche president and chairman Michael Macht said in a release a few days ago,

“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.”

No time line has been given for when the car will be ready for the road, but we’d expect it to be at least a two-year lead-up to the first production models. The car will be designed and engineered in Weissach, Germany, and assembled in Porsche’s factory in Zuffenhausen. The Porsche 918 Spyder comes will three additional modes – Hybrid, Sport Hybrid and Race Hybrid. All these modes help in boosting up both performance and speed.

Source: Ecofriend