Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (2024)

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12:35:29 2024-03-21 EDT
Pre-market 03:47:00
48.55 EUR -0.47% Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (1) 48.65 +0.21%
03-21 PORSCHE SE : FY-23: Porsche SE proves there's more to it than just Volkswagen Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (2)
03-21 Dpa-AFX Overview: COMPANIES from 21.03.2024 - 15:15 DP

Porsche Automobil Holding SE has taken the driving trials of the super sports car of the future a step further with completion of the initial prototypes. The 918 Spyder is planned for production at the end of September 2013, with the first customer deliveries currently scheduled for the United States late in 2013. The prototypes, their camouflage harking back to historical Porsche 917 racing cars, signal the final touches to the 918 Spyder. The focus is on the interplay between the highly sophisticated individual drive components. The combination of combustion engine and two independent electric motors -- one on the front axle and one in the drive line, acting on the rear wheels poses completely new demands on the development of the operating strategies. The super sports car is designed as a plug-in hybrid vehicle combining a high-performance combustion engine with cutting-edge electric motors for extraordinary performance: on the one hand, the dynamics of a racing machine boasting more than 770 hp, on the other hand, fuel consumption in the region of three litres per 100 kilometres. Moreover, Porsche is breaking yet more new ground with the technology demonstrator with spectacular solutions such as the full carbon fibre reinforced plastic (CFRP) monocoque with unit carrier, fully adaptive aerodynamics, adaptive rear-axle steering and the upward-venting "top pipes" exhaust system. In the process, the 918 Spyder is offering a glimpse of what Porsche Intelligent Performance may be capable of in future.

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Latest news about Porsche Automobil Holding SE

PORSCHE SE : FY-23: Porsche SE proves there's more to it than just Volkswagen Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (3)
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Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (5)

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Company Profile

Porsche Automobil Holding SE is a holding company owning 53.3% of Volkswagen, the world leading car manufacturer (passenger cars and utility vehicles) under Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. The group also offers financial services (sales financing, insurance, etc.). Also, Porsche Automobil Holding SE owns 100% share in PTV Planung Transport Verkehr GmbH (development of mobility solutions), 11.6% in Inrix (development of mobile application solutions for road traffic; the United States) and in the Markforged and Seurat companies (development of printing solutions).

Sector

Calendar

2024-05-13 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , DAX

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Analysis / Opinion

PORSCHE SE : FY-23: Porsche SE proves there's more to it than just Volkswagen March 21, 2024 at 11:28 am

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Ratings for Porsche Automobil Holding SE

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (7)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

12

Last Close Price

48.55EUR

Average target price

63.55EUR

Spread / Average Target

+30.89%

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Quarterly earnings - Rate of surprise

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1st Jan change Capi.

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Porsche Automobil Holding SE's 918 Spyder Prototypes Begins Testing (2024)
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