Porsche is preparing their first simple plug-in hybrid electric car this year for next Geneva Motor Show. The car’s name is the 918 Spyder, an electric car with a pack of 500-horsepower V8 and a pair of 109-horsepower. This car could run 78 miles per gallon and could reach totally 16 miles with lithium-ion battery pack. Porsche 918 Spyder hybrid electric car will be priced at $650,000 and $7,500 for federal tax credit. Its ready enter for mass production and targeted to finish this year.

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