It's been no secret that Honda has plans of building a new Hybrid vehicle from scratch, so this won't be based on anything that is out there right now (although I could see it using the FIT's platform). This vehicle will be smaller than both the Civic and the Prius and will use a updated version of the IMA (Integrated Motor Assist) that kicks in and out to help acceleration.
Honda is targeting a lower price point for this model, to come in well below the current Prius and the Civic Hybrid.
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Honda Cars : Honda's New Hybrid to be Shown this September at the 2008 Paris Motor Show | 2013 New Honda Car Reviews
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