UPDATED: February 17 at 4pm with Australian availability.
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Porsche will display its Panamera S Hybrid grand tourer at the Geneva Motor Show in a few weeks time, touting the fact that its emissions are best in-class with just 159g/km of CO2.

The press release begins thus: "The Panamera S Hybrid marks the beginning of a new chapter of Dr. Ing. h.c. F. Porsche AG, Stuttgart’s Porsche Intelligent Performance".

The bad news? It still looks like a Panamera. The good news? It produces 279kW and uses just 6.8L/100km of fuel. There is a catch - that's using Michelin low rolling resistance tyres. On standard tyres, it sips just 0.3L/100km more. It's reasonably quick, too, with a 0-100km/h time of 6.0 seconds.

Its pure electric range is laughable - just two kilometres - however it cleverly switches the 3.0-litre V6 petrol engine off while driving, if no power is being used. Porsche calls it "sailing".

The Panamera Hybrid S uses adaptive air suspension including an adaptive shock-absorber system with PASM, as well as Servotronic. It not only shares the Cayenne S Hybrid’s drivetrain, but also the interior display which shows the hybrid system's status.

European sales begin halfway through this year. Porsche centres across Australia are now taking orders for the Panamera S Hybrid, with deliveries to begin in August. The Panamera S Hybrid is priced at $298,300.

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