Porsche 918 Spyder Goes To Production

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Back in March, we first passingly mentioned that the Porsche 918 Spyder concept may possibly go to production. You can now officially pull out the may and possibly, because it’s a fact. A concept car is going full production, and even better, it’s a hybrid.

Part of the Geneva Motor Show, the 918 Spyder concept offered Porsche looks and Prius mileage–more specifically, the plug-in hybrid Spyder was offering quotes of up to 78 miles per gallon–and that got most everybody interested. And now, almost five months later, Porsche is taking the concept car into full-bore reality.

Originally, the 918 Spyder boasted two 109 horsepower motors and a lithium ion battery, with a 500 horsepower V8 gas engine to back things up. Word is that the original concept powertrain won’t be significantly altered, and though no one yet knows when these will hit dealerships, we do have an idea of the price tag. You’ll want to be sitting down for this.

The production model is set to cost as much as $650,000.

But cheer up! In the US, it would qualify for a tax credit because it’s partially electric! Though that credit would only knock about $7,500 off the price, which still makes even the preposterously priced Chevy Volt look like a battered Yugo by comparison.