With development of the new Honda CR-Z Mugen concept nearing its end, the Japanese automaker decided it’s time to release the first video of the supercharged hybrid model on the road before its world premiere at the 2011 Goodwood Festival of Speed in July.

The prototype CR-Z is the collaborative work of Honda UK and its in-house tuning shop Mugen Euro. The hotted-up hybrid sports car feature modifications to the 1.5-liter i-VTEC petrol engine with the addition of a supercharger as well as to the Honda IMA system.

Mugen remains tightlipped at present over output numbers, but given that the regular model delivers a combined output of 122-horsepower, the supercharged model should flirt with the 200-horsepower mark.

“Performance figures already look promising for this supercharged Honda CR-Z, as early tests with a prototype car based on a standard CR-Z and a mid-tune engine giving 0-60mph times around that of the Civic Type R,” Honda said in a statement.

The tuning firm has also stripped out 50 kg or 110 pounds from the chassis and made changes to the suspension, alloy wheel / tire combos, brake system and the car’s aerodynamics.

VIDEO _______________________________________________________________________

PHOTO GALLERY