Honda will reveal a concept version of its new small hybrid vehicle, to be named Insight, at the 2008 Paris International Auto Show, October 2, the company announced today. The new five-seater concept shares some styling cues with the current FCX Clarity and presumably shows what the company has in store for the production version of its Prius fighter in January 2009.

The Insight Concept utilizes a more cost-efficient version of Honda's Integrated Motor Assist (IMA) hybrid technology (currently in the Civic Hybrid), which the company said should help them price the car several thousand dollars below the base price of the Prius. Honda is shooting for 200,000 sales annually, which puts it slightly ahead of the 181,000 Priuses that Toyota moved last year. The original Insight debuted almost ten years ago as the first hybrid to be sold in America; it also posted EPA numbers (at the time, before the revised 2008 standards) in excess of 60 mpg.