The 2016 Toyota RAV4 Hybrid will start at $29,270, and will be offered in only two of the four trim levels available for its gasoline counterpart.
That base price--which includes a $900 destination charge--buys a RAV4 Hybrid XLE, one step up from the base LE trim level offered on gasoline models.
Toyota also skipped the SE trim level for the hybrid, but will offer it in top Limited spec starting at $34,510.
Both versions come standard with all-wheel drive, using a version of the Toyota Hybrid Synergy Drive system with a 2.5-liter Atkinson-cycle four-cylinder engine.
Peak system output is 194 horsepower and 206 pound-feet of torque.
The EPA rates the 2016 Toyota RAV4 Hybrid at 33 mpg combined (34 mpg city, 31 mpg highway), versus 26 mpg combined for the gasoline-only version with front-wheel drive, or 25 mpg for all-wheel drive.
Toyota also says it will accelerate from 0 to 60 mph in 8.1 seconds--about 1.0 second quicker than non-hybrid RAV4 models.
All RAV4 models get an Eco driving mode that adjusts throttle response and air conditioning output to improve fuel economy.
The hybrid also gets a display within the 4.2-inch TFT gauge-cluster screen that shows fuel consumption and the status of the hybrid powertrain.
Like the rest of the 2016 RAV4 lineup, the hybrid model debuts some styling tweaks as well, including a new front fascia, available LED lighting, new rocker panels, and some detail changes.
In addition to the 4.2-inch TFT display wedged into the gauge cluster, there is also a 7.0-inch central touchscreen display available as part of an optional infotainment system.
2016 Toyota RAV4 Hybrid teaser photo
The 2016 RAV4 is also the first U.S. model to offer the Toyota Safety Sense bundle of electronic safety features.
Optional on the XLE and standard on the Limited, it includes forward-collision warning, lane-departure alert, automatic high beams, a pedestrian pre-collision system, and adaptive cruise control.
MORE: 2014 Toyota Highlander Hybrid: Gas Mileage Review (Jun 2014)
The 2016 Toyota RAV4 Hybrid will the only compact crossover with a hybrid powertrain on sale in the U.S. this year.
Its only potential direct competition is a rumored Nissan Rogue mild hybrid, which isn't expected to arrive until the 2017 model year.
The hybrid Rogue is expected to use the same powertrain as the 2014 Nissan Pathfinder Hybrid, sold for only one year before being discontinued.