Hybrid Porsche 918 Spyder gets green light

Yesterday, we reported on the Chevy Volt electric car and it’s $41,000 price tag. Now, we know some of you were probably thinking that a Chevy doesn’t exactly fit your personal steez, but we might have something for you. The Porsche supervisory board has green lighted the production of the 918 Spyder hybrid, complete with a 500-horsepower V8 and 109-horsepower electric motor. The new Porsche will allegedly net 78 miles per gallon and will retail for slightly more than the Volt, at around $650,000. We’re unclear as to how a 500-hp Porsche is going to get 78 mpg while a 140-hp Prius gets around 40 mpg… but hey, here’s to hoping those crazy Germans know something we don’t!

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Tags: Car, German, hybrid, Porsche, V8