Monday, July 24, 2006

Honda preparing for huge jump in hybrid production

Honda is preparing to significantly increase its hybrid vehicle capabilities by building a new plant to produce batteries for hybrid cars.By 2008 Honda will be able to quadruple its production of hybrid cars because of a new battery producing plant in Japan. For months, stories have filled the Internet regarding the possibility of a Honda Fit hybrid - or something very similar. Whatever the new hybrid, Honda has announced they believe the new hybrid vehicle could sell 100,000 units, and it appears Honda is preparing for such an outcome.(Source:Nihon Keizai)

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