Peugeot is getting ready to release the 508 Sport Engineered to the public, the brand's boss has confirmed in an interview with Automotive News Europe – and there's going to be a wagon option.
Revealed in concept form at the 2019 Geneva motor show, the Sport Engineered has a 150kW petrol engine and an 82kW electric motor on the front axle, with another 150kW electric motor on the rear axle providing all-wheel drive.
The concept had a claimed 100km/h sprint time of just 4.3 seconds, making it almost as fast as the Mercedes-AMG A45.
"The 508 Sport Engineered will be released next year, with orders opening in March, and the first one will be delivered in October 2020," Jean-Philippe Imparato told Automotive News Europe.
"There will be a sedan and a station wagon, as part of a line of high-performance vehicles."
Along with its performance, Imparato says the appeal of the 508 Sport Engineered will lie in the cost of ownership.
"I think it will be a success, because the total cost of ownership (TCO) of this car ... will be only 300 euros a month more than the standard 508 plug-in hybrid," he told the industry journal.
"For us it's a way to send two messages: That we are ready technologically for the future, and also that we don't want the future to be boring."