It’s official – Porsche has greenlighted the development of a production version of the Porsche 918 Spyder. It was a no brainer on the part of the Supervisory Board in Stuttgart, as the concept received overwhelming response from both customers and the public alike. Apparently they now have a total of 1,000 serious buyers for the car that was first previewed at the 2010 Geneva Motor Show as well as Auto China in Beijing.

“The 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. This is also a very important commitment to Germany as a manufacturing base,” said Chairman of the Board of Management Michael Macht.

The 918 Spyder Hybrid supercar produces a total of 708hp from both its high revving V8 engine and its electric motor, which is channeled through the 7-speed PDK gearbox and a fixed transmission ratio for the electric motor. This enables a 0 to 100 acceleration figures of as low as 3.2 seconds, while maintaining an average fuel consumption figure of just 3 litres per 100km and pumping out 70g/km of CO2.

No official word on the pricing of the car, but rumour has it that it will be slightly more than Porsche’s previous showpiece, the Carrera GT, coming in at around 500,000 Euros. More information will be released in the coming months by Porsche.