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Heading to dealerships early next year, the 2014 Honda Accord Plug-in Hybrid (PHEV) Sedan will offer a total driving range of over 500 miles.

Powering the Accord PHEV is the new Earth Dreams 2.0-liter i-VTEC four-cylinder with 137-hp paired with a 124-kW electric motor for a total system output of 196-hp. It will have the ability to run in all-electric mode for 10 to 15 miles and will be the Japanese automaker’s first vehicle powered by its new two-motor hybrid system.

Fuel efficiency for the 2014 Accord PHEV is estimated to be 100 MPG-e and is expected to receive an Enhanced AT-PZEV rating from the California Air Resources Board (CARB). Borrowing technology from the Honda Fit EV, the Accord PHEV will also feature an electric servo braking system setup, allowing for “exceptionally natural brake pedal feel, while extending the range over which the regenerative braking can take place,” according to Honda.

Using a standard 120-volt household electrical outlet, the Accord PHEV can go from a low-charge point to fully charged in less than three hours. Those opting for the 240-volt ‘level 2′ charge can have it done in less than an hour. The Accord PHEV will be based on the Touring model trim and will be offered in White Orchid Pearl, Crystal Black Pearl, and Burnished Silver Metallic color choices.

No pricing on the 2014 Honda Accord PHEV has been announced yet.