Porsche nearing 900 orders for its 918 Spyder hybrid concept

UPDATE Porsche's 918 Spyder concept revealed at the Geneva motor show, has been green-lighted for production, the company said on Wednesday. Porsche's supervisory board approved the mid-engine, plug-in supercar as a result of “overwhelming response" from the public. See our feature article on the car.

Porsche 918 Spyder hybrid

04/28/10 When Porsche AG showed the 918 Spyder at the Geneva show in March, we said it was a car to “make anyone a believer in hybrid supercar tech."

Well, maybe not anyone, but Porsche now says it has almost 900 potential buyers for the two-seater hybrid prototype as the German automaker gets closer to approving production.

Porsche development chief Wolfgang Duerheimer said he is confident the company will soon reach the threshold of 1,000 orders, which is how many the company needs to “make a sound business case."

The 918 has 680 hp and, according to Porsche, will get 78 mpg and run from 0 to 60 mph in 3 seconds. AutoWeek