Honda have released images of the Jazz/Fit Hybrid. The company has now confirmed that the hybrid will be available for the European market and will be officially previewed at the upcoming Paris Motor Show.

The new hybrid will employ the same 1.3-litre i-VTEC SOHC aluminum alloy combustion engine and electric motor used in the Insight hybrid. Details are scarce, but the powertrain on its own develops 98 horses.

Outside the car will feature new headlights and revised taillights, while the front grille and bumper is treated to slight modification in design. The Honda Jazz/Fit hybrid will be in Japanese showrooms sometime in October, costing around 1.6 million yen.

This will be the cheapest hybrid Honda offers in Japan as the Insight weighs in at around 1.8 million yen, while the Toyota Prius starts at about 2.05 million yen.

Could the cheaper price tag warrant a jump to Malaysia? The Jazz here is in the odd position of being extremely expensive and an even more expensive hybrid Jazz might not be much cheaper than a Civic Hybrid.