According to a Reuters report, the company will launch both a plug-in hybrid and a fully electric car for the 2013 model year. The electric car will be presented in the U.S. market first, to compete against such upcoming entries as the 2011 Nissan Leaf.
By 2013, the company plans to have no less than five hybrids for sale. It currently offers the 2010 Honda Civic Hybrid sedan and the Insight dedicated hybrid hatchback. Its 2011 CR-Z hybrid two-seat sports car arrives this summer.
The fourth model is estimated to be a hybrid version of the Fit subcompact, but no facts have come to light yet on the fifth and final hybrid.
Honda is also considering manufacturing the Insight in one of its U.S. plants, most expected to reduce costs so it can lower the price below its current $20,400 level.
It may build two other hybrids in the U.S. too, one of them most probably the Civic Hybrid, since Civics are already built in North America.
Honda's proposed plug-in would struggle against a plug-in model of the Toyota Prius hybrid. That vehicle, presently known by the cumbersome name of 2012 Toyota Prius Plug-In Hybrid, will hit dealers in very early 2012. Honda's plug-in would trail it by approximately a year.
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