Honda to have plug-in hybrid by 2013

(July 19, 2010) Honda is working on a hybrid car that can be recharged at home and an all-electric vehicle, both for release in about three years, the Nikkei business daily reported.

Honda President Takanobu Ito will announce the company's hybrid and alternative vehicle plans at a news conference on Tuesday, the paper reported in its Tuesday editions.

Honda is also considering building hybrids in the United States, the paper said.

Conventional hybrids are cars that can charge their own batteries, which turn a motor that assists a gasoline-powered engine providing most of the power. Plug-in hybrids, on the other hand, can make short trips using the motor alone.

Honda expects its plug-in hybrid to go 37 miles or more on a single liter of gas, making it more fuel-efficient than rival Toyota's best-selling hybrid, the Prius.

Honda will release its electric car in the United States first, the daily reported.