Revealed: Honda’s New Hybrid Has a Price Tag

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Honda’s (NYSE:HMC) redesigned Accord has been selling quite well for the company, and has been a frequent guest among the top-ten best selling cars of the month throughout the year. Impressive still, this was before the release of the hybrid variant, which on an industry level, has been playing an increasingly crucial role in vehicle sales. The Accord’s powertrain consists of a 2.0-liter four-cylinder gasoline engine, hooked up to a continuously-variable transmission (or CVT), and a pair of electric motors. “It’s similar to the setup used in the Accord Plug-In Hybrid,” GreenCarReports points out, ”but with a smaller battery pack that does not plug in.”

GreenCarReports goes on to explain that one of the electric motors acts as a generator to recharge the battery during regenerative braking while the other motor powers the car either by itself or with assistance from the engine, much like the now-conventional hybrid setup. The result is an Accord that is good for 47 miles per gallon combined. That’s 50 in the city and 45 on the highway. The Accord Hybrid offers three driving modes to help optimize fuel economy, too. Drivers can choose from “EV Drive,” “Hybrid Drive,” and “Engine Drive.”

This bundle of fuel conservation and efficiency is going for a newly-revealed starting price of $29,155, with a mid-level EX-L model going for $31,905, and the top Touring model starting at $34,905.

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