Honda Fit EV will be made available for leasing next summer in select markets in California and Oregon.

Honda has unveiled the all-electric 2013 Fit EV production vehicle at the Los Angeles auto show.

Honda will begin leasing the U.S.-spec Fit EV next summer in select West Coast markets in California and Oregon which will be expanded to six others on the East coast in early 2013.

The Honda Fit EV is powered by a 20 kWh lithium-ion battery feeding a 92 kW (125 PS / 123 hp) coaxial electric motor. The Fit will feature three drive modes - Econ, Normal and Sport - with a possible range of 123 miles (198 km) in Econ mode.

Recharging the batteries via a 240 volt charger can take as little as three hours.

The 2013 Honda Fit EV is priced at $36,625 and has an estimated lease priced of $399 a month.