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Honda to upgrade hybrid models
Beijing News.Net Thursday 22nd May, 2008
Honda has said it will spend 1.5 billion dollars on two new plants to bring up its production of fuel-efficient hybrid cars.
The fuel efficient engines, to be built at the new manufacturing plants, should be unveiled by 2010, according to Honda Motor president Takeo Fukui.
He said Honda wanted to move hybrids on from the 'current image-oriented stage' to one of mass appeal.
Honda confirmed it was on track to introduce an affordable hybrid, which will be equipped with an electric motor and a standard petrol engine.
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