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HONDA CR-Z set for release.

Honda have finally announced plans to begin sales in Japan of the CR-Z hybrid sports car in February 2010 and a Fit hybrid before the end of 2010. By combining these two models with the currently available Insight and Civic Hybrid, Honda will further enhance its lineup of compact hybrid models and help it become one of the ‘greenest’ automakers in the world.

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Both cars will be powered by Honda’s Integrated Motor Assist (IMA), also found in the Insight and Civic hybrids. In the case of the Insight, the IMA incorporates a 13hp (10kW) electric motor and a compact Intelligent Power Unit (IPU) – recapturing and storing kinetic energy from vehicle braking and deceleration and supplying additional power for acceleration when needed.

Not much is known about the Fit hybrid but previous reports have suggested that it could cost about ¥1.5 million (approximately $15,800) when it goes on sale late next year.

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