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Porsche's new Panamera sedan has been a tremendous success and now the German sports car company has revealed a new hybrid version of the car, combining performance and fuel economy.

Motivated by the same 333-hp 3.0L V6 engine and 47-hp electric motor combo as found in the Cayenne hybrid, the Panamera S Hybrid makes 380-hp and can achieve 41.54 mpg (Imperial and using the European test cycle). That should work out to slightly better than the 20/24-mpg rating of the Cayenne hybrid .That number is, however, achieved thanks to special low rolling resistance tires developed by Michelin and with standard tires the car is capable of 39.79 mpg.

Acceleration for this hybrid is brisk with the Panamera a few ticks quicker to 60-mph than its Cayenne hybrid cousin. Sporting an official 5.7 second 0-60 mph time it's one fast hybrid.

Porsche's two-mode hybrid system allows the Panamera S Hybrid to travel just over a mile on pure electric power and electric-only acceleration possible up to speeds of 50-mph. The drivetrain also switches off the engine at speeds of up to 103-mph when the driver lifts off the throttle to help deliver maximum fuel economy.

Standard equipment on the Panamera S Hybrid includes an adaptive air suspension with Porsche Active Suspension Management (PASM)

The Panamera S Hybrid will go on sale later this year with a price of $95,000.

More: Porsche Panamera S Hybrid Revealed Ahead of Geneva Auto Show Debut [Video] on AutoGuide.com
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