WOW-POW = World Of Wonderful POWer: Honda to Halve Cost of Hybrid System for 2009 Model

Tuesday, July 29, 2008

Honda to Halve Cost of Hybrid System for 2009 Model

Honda Motor Co Ltd announced that the development of its hybrid-only model slated for release in early 2009 is progressing smoothly and the cost for its hybrid-related system is likely to be about 50% lower than that of the Civic Hybrid. The hybrid-only model will be a five-passenger car with five doors suited for family use, with the size somewhere between Honda's "Fit" and "Civic" The market price is expected to be less than ¥2 million (≠ US$18,580).
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