The Emergence of the Economy Hybrid
In an exclusive interview with HybridCars.com, an industry insider has confirmed that Honda will release a hybrid version of the Honda Fit subcompact. The vehicle is schedule for release in mid-2007. The source, who wished to remain anonymous, said:
"If you take the measurement from the wheel hub to the wheel hub of the Fit and the Insight, they are the same to the millimeter. The Fit is going to get the Insight engine. It's already a proven powertrain. It will probably get fuel economy in the low to mid-50s."
They also confirmed the hybrid CR-V min-SUV will be available in late 2006.
The Honda Fit Hybrid is big news because it will be so affordable. The closest hybrid in price is about $20K. While the Honda Fit hybrid may sell for under $12,000. It is only a subcompact car, meaning it would be of limited utility, but hybrid consumers may embrace the price tag.