Hybrid: Low-cost model on the way?

It seems that Honda will open a new round in the hybrid competition next year.
The Fit, Honda's popular subcompact, will probably be sold in a hybrid version as early as next year for around 1.4 million yen ($11,790), or about 200,000 yen more than the gasoline-only version, likely making it the world's first hybrid to cost less than 2 million yen ($16,840).

A spokesman denied Honda had made any decision on whether to hybridise the Fit, but added it had the technological wherewithal to mount its hybrid system, which twins an electric motor and a conventional engine to save fuel, on most of its vehicles.

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Source: Reuters via Gizmodo

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