"Though they probably won't look anything like Honda's adorable EV-N, the Japanese automaker's got some new technological vehicles up its sleeves -- in a speech today, Honda CEO Takanobu Ito formally announced plans to produce a plug-in hybrid competitor for Toyota's flashy new PHEV Prius by 2012, which rumor has it will sport an estimated fuel economy (when it's using fuel, we assume) of roughly around 140 miles per gallon.

Better still, a completely battery-powered electrical vehicle will also go on sale by 2012, and you won't have to fly to Japan to try them out, as they're slated for the States as well. Hydrogen fuel cells are apparently still Honda's long-term solution, though the FCX Clarity received only a passing mention. In the short term, Honda's still circling the wagons around part-gasoline systems like the Civic (which will receive a Li-ion battery pack) and the Fit Hybrid, destined for Japan this fall."

Source: Engadget

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