Honda is releasing another round of photos of the new CR-Z Mugen RR hybrid concept, which it has no intention of building it. The Honda CR-Z Mugen RR hybrid concept takes on the design parts from the Honda CR-Z Mugen, which is actually will be a production car.

BMW has been working on its new i3 all-electric and i8 plug-in hybrid cars for the past few years, and every iteration seems more refined as it pulls itself away from the concept style to the production stage.

This comes as a bad news to those who are planning to purchase an electric car in California. Due to the budget crisis, California is closing its $5,000 rebate program. But there is a bit of a good news, the California Air Resources Board (CARB) is still issuing the $2,500 rebate to the 500 owners of electric cars who are on the waiting list.

It has been quite a development of the Mugen Honda CR-Z hybrid car, and today, Mugen released the first video of it in motion with a supercharged hybrid engine before its world premiere at the 2011 Goodwood Festival of Speed in July.

What if you want a car that is fuel-efficient like the Toyota Prius hybrid but with a more sportier look? Well, Hyundai got you covered. It is planning two new hybrid cars, with the first one called the Hyundai Blue-Will Concept.