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What a wonderful way to start the morning! Porsche today officially announced that it will be offering a hybrid variant of its highly-anticipated Porsche Panamera.

The Panamera Hybrid will use the same gas-electric hybrid technology found in the Cayenne Hybrid and will allow for a 30% reduction in fuel-consumption.

Porsche says that the “full parallel hybrid system of the Panamera will be configured with the battery unit positioned below the luggage compartment, and hybrid module, comprising of an additional clutch and electric motor, will be between the engine and transmission.”

The base Porsche’s Panamera will...

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Officially Official: Porsche confirms Panamera Hybrid

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