Honda unveils affordable family hybrid concept

The car will be named Insight, reviving the name of the 1999 hybrid coupe – the first production hybrid car to be sold in Europe.
Takeo Fukui, President and CEO of Honda Motor Co. said: “The original Honda Insight launched in 1999, was the pioneer of hybrid technology in Europe and remains an iconic symbol of Honda’s environmental innovation.
“This new Insight will also break new ground by providing an affordable hybrid to an expanded number of customers craving great fuel economy and great value.”
More information on the car will be revealed at the Paris Motor Show, but here’s what we know about the new Honda Insight at this time:
Positioning
It will be significantly lower in price to any other hybrid on the market
By offering a more affordable hybrid that’s accessible to more people, Honda hopes to attract a new section of the market to petrol-electric technology – those car buyers who have never considered a hybrid car before
The price will be announced at a later date
Specification
The car will be a 5-door family hatchback, capable of carrying five people
It will be smaller than the Honda Civic Hybrid
The Insight is based on a completely new platform
The car takes many exterior styling cues from the FCX Clarity, Honda’s hydrogen-powered fuel cell car, which is currently being leased to customers in the United States
The control unit and battery for the IMA system are mounted beneath the boot space to give the Insight both a low centre of gravity and the practicality of a conventionally-powered hatchback.
The Insight has a unique function to assist more fuel efficient driving – helping drivers to maximise their real world fuel consumption
Predicted sales
Honda aims to sell 200,000 Insights a year, globally
Over the next few years, Honda will also launch a sporty hybrid (based on CR-Z), a Jazz Hybrid and a new Civic Hybrid
With these four hybrid cars, Honda will sell over 500,000 hybrids globally per year
10 per cent of global sales will be hybrid by 2010
Production
Production costs will be significantly reduced. Honda has further advanced the equipment and processes used to produce the electric motor.
A new production line will be added to the Suzuka factory, in Japan, to double the per hour production capacity
The 1999 Honda Insight
The first Insight was a two-seater hybrid coupe launched in 1999
It was the first mass produced hybrid to be sold in Europe
Honda sold 17,000 Insights worldwide and 400 cars in Europe
Honda hybrid sales
Total sales of Honda hybrid cars in Europe, 2000: 208
Total sales of Honda hybrid cars in Europe, 2007: 10,507