Topic: Green Business
Honda is doing some wonders. They announced today a long anticipated news. They are launching a competition to Prius and it has the name of their famous hybrid Insight. It will likely be priced at $19K, a notch below prius but will defintely command a premium. The expected fuel efficiency is unknown but my best guess is that it will be 60 something. They have experimented with the same chassis for FCX Clarity concept car and now, launching it as competition to Prius. Honestly, it looks cooler than Prius. This will be first of the several under $20K hybrids Honda is launching this year.
It is actually nice to see the Hybrid market getting hotter. It will drive the price premiums down and make the cars more affordable to normal people, not just early adopters. The HOV lane stickers are all exhausted, so, they dont save the commute time anymore. But with gas prices nearly doubling in past three years, buying a hybrid still helps the wallet.
