Honda Set to Release Plug-in Hybrid Accord

The Honda Accord has been one of the best-selling cars on the road for years, but a 2007 hybrid version was never able to take off the way the manufacturer wanted due to lower-than-expected fuel economy. However, it looks like the automaker is ready to dust off the hybrid design once again, and is set to release a plug in hybrid version of the Accord for the 2013 model year, Cars.com reports.

There are few details available about the hybrid model, but the automaker did provide some specifics regarding the battery. Along with an electric range of about 10 to 15 miles, the battery can be charged in as little as 90 minutes with a 240-volt charger and four hours with a 120-volt charger. If drivers select the all-electric setting they will have to sacrifice performance a bit, as it will only have a top speed of 62 miles per hour. The new model is expected to be available sometime in the late fall or winter, the website reports.

The announcement of a new hybrid Accord comes as yet another electric car is slated to hit the market. According to USA Today, the  2012 Coda electric sedan went on sale in California last week, and although it comes at a price lower than originally anticipated, its $37,250 price tag may turn some potential consumers away. The Coda is expected to get as many as 88 miles on a single charge, besting the Leaf's 73 miles, and although it's currently only available for purchase in four cities, more locations are expected to follow suit.

Electric cars are still a long way from being a mainstay on America's roads, but there are plenty of used, fuel-efficient options for motorists looking to save money on gas. New Jersey State Auto Auction offers a wide variety of makes and models with high gas mileage, so there is something for everyone.