Honda is attempting to produce a line of EV's (electric vehicles) along with an all new hybrid plug-in car by 2012.

The automaker hopes to launch a compact electric car and mid and large-sized plug-in hybrids capable of up to 140 miles per gallon.

Currently, Honda already produces the hybrid Insight and Civic models, along with the upcoming hybrid CR-Z Coupe. Honda also plans on releasing a hybrid variant of the Fit next year…