According to Automotive News (via Autoblog), the hybrid is expected to be priced above the entry-level Honda Fit and below the current Honda Civic hybrid. That's between $15,000 to $22,000. The company plans to sell 200,000 of them a year, 14,000 more than the number of Toyota Priuses sold worldwide in 2006.
In addition, Honda UK announced that it will be producing a hybrid sports coupe.
Few details on this hybrid has been released. Honda most likely, though, style it similar to the Remix concept (pictured) unveiled at last year's Los Angeles Auto Show. Our take is that Honda has its eyes set on Toyota and hopes to challenge its rival Japanese brother in the hybrid market.