The new car will be developed at Porsche's research and development center in Weissach and produced at the German sportscar maker's main plant in Zuffenhausen, Porsche said in a statement.
The high-performance mid-engine two-seater featured a plug-in hybrid engine with fuel consumption of three liters per 100 kilometers. Despite modest fuel consumption the 918 Spyder concept car can reach a speed of 100 kilometers/hour in just under 3.2 seconds, with a top speed of about 320 km/h, or 198 miles per hour.