Honda made it official that it will launch four new hybrid models into a market that has been dominated for years now by Toyota. The announcement was made in a speech by Mr Fukui, President and CEO of Honda Motor Co. in Tokyo today (May 21). The Japanese carmaker’s plans include the introduction of a sporty hybrid based on the CR-Z Concept (pictured above), hybrid versions of the Civic and Fit / Jazz along with an all new standalone model. According to Mr Fukui, Honda’s dedicated hybrid will be a convenient and compact 5-door/5-passenger size with an exterior design that employs the concept of the FCX Clarity. Honda expects to sell approximately 200,000 units globally of the new car annually, while combined sales of all four hybrids are estimated to reach 500,000 units.