Honda is ramping up its gas-electric hybrid production in a big way and it looks as though their crowning achievement next year will be the release of a new, affordable hybrid-only model as early as next year. The new model will offer next generation hybrid technology which is lighter than the previous generation and can help to further reduce fuel costs.

Honda’s aim is to bring hybrid technology to vehicle models with an approximate $2000 increase in price. At the moment, the price of a hybrid over a comparable gasoline model can differ by as much as $5000. The $2000 or rather 200,000 Yen mark is a crucial part of their business plan.

Honda has a few hybrid models in their stable already. Until now, however, they have always offered the choice of gasoline or hybrid. While it will take a lot for Honda to close the gap in hybrid sales with Toyota, a new model is definitely a step in the right direction. [Associated Press]

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