Coming: Porsche Panamera S Hybrid Sports Sedan

Debuting later this year, Porsche will unveil its second production hybrid model, the Panamera S Hybrid.

According to the company, the new Panamera model produces 380 horsepower with fuel consumption of 6.8 L/100 km on the New European Driving Cycle (NEDC).

Recently, Porsche said that based on the 3.6-liter, 345 horsepower (hp) 911 Carrera, the upcoming 911 Black Edition from Porsche features a list of standard equipment and will be available as a Coupe or Cabriolet and only in black. (Read: Porsche Ready to Bring Out 911 Black Edition)

[ Also Read: Nissan Rolls Out Electric Sports Car Concept ]

Porsche also said a couple of months ago that it will extensively upgrade its research and development (R&D) center in Weissach.

The sports car manufacturer is investing approximately $200 million in an advanced wind tunnel, a state-of-the-art design center and an electronics integration center. (Read: Porsche to Pump $200 Million into its R&D Center)

It says the Panamera S Hybrid is the most fuel efficient Porsche of all time.

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With the launch of the new hybrid variant, the Panamera model line now consists of six different models. The new offering underlines the strategic importance of the Porsche Intelligent Performance philosophy, with a combination of sportiness and economy unique in its segment, says the company.

As such, it builds on the Panamera sedan’s past sales, with over 30,000 vehicles delivered worldwide since it went on sale in late 2009.

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The new model will go on sale in the United States later in 2011 at a base suggested retail price of $95,000 (excluding destination).

It was announced by Porsche today, Feb. 16.

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Rakesh Raman