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I highly doubt it, but according to some sources:

Lexus showed the LF-Ch concept at last fall’s Frankfurt motor show, and now the company is showing the production version, the CT200h. The model is making its world debut at the 2010 Geneva auto show.

The ‘h’ in CT200h, of course, stands for ‘hybrid.’ There will be no gasoline-only version of the car; it will only be available with a gasoline-electric system, mating up a 1.8-liter four-cylinder engine with a "powerful" electric motor and a nickel-metal hydride battery pack. A continuously variable transmission shunts the power to the front wheels.

The individual outputs of the electric and gas portions as well as the combined system output remain unspecified, but the presence of the 1.8-liter has us a bit worried. That's the size of the four-cylinder in the Prius, which makes 98 hp and contributes to a total system output of 134 hp. The CT200h is going to have to produce more ponies than that in order to deliver the promised "dynamic driving experience," as well as provide a credible challenge to the CT's competition, including the Audi A3 and BMW 1-series. So we hope for something at least near the 187 hp churned out by the North American HS250h sedan, in which a 147-hp, 2.4-liter engine is mated with a 105-kW (141-hp) electric motor.

Lexus says the CT200h was "designed with the European market in mind," a statement backed up by the five-door layout. There are four driver-selectable driving modes available in the CT200h: Normal, Eco, EV, and Sport. In Normal mode, the car can operate on battery-only power up to speeds of up to 28 mph, while EV mode forces the car to rely only on battery power for distances of up an absolutely unfathomable 1.2 miles. Switching the car to Eco dulls throttle response and optimizes the climate-control system to save more fuel, while Sport mode tightens up the steering, ups throttle aggressiveness, and lowers the stability-control threshold.

The interior is lined with the usual leather upholstery and metallic accents, and an eight-inch LCD screen will display infotainment functions. Lexus's computer-mouse-style Remote Touch controller lives on the center console. The CT is 170.1 inches long, 69.5 inches wide, and 56.3 inches tall, and there are 102.4 inches between the wheels. For comparison, a Prius is 5.5 inches longer, 0.8 inch narrower, and 2.4 inches taller, while riding on a 3.9-inch longer wheelbase.

Lexus is touting the CT200h as the “first full hybrid vehicle in the premium compact segment,” but that statement only applies to Europe, which doesn’t get the HS250h or its Toyota Sai sibling. The CT200h goes on sale this fall throughout the world, although there's no confirmation yet that the U.S. will be among the included markets.
Nadeem
 

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Hi, Nadeem.

To reply to your quote and concerns, here in North America the Lexus CT 200h is the furthest thing you can imagine to a BMW 1-Series competitor, given that we only get 128i and 135i coupe and convertible variants powered by 6-cylinder gasoline engines. In Europe, however, you can get the BMW 1-Series in 3 and 5-door hatchback body styles that are shorter than the ones we get here, and they can be powered by an assortment of 4-cylinder gasoline and diesel engines (plus, I believe, a 6-cylinder diesel). Those are the BMW models the Lexus CT is up against in other markets.

As for the lack of power in the CT 200h, powertrain tweaks (and, maybe, a slightly better power-to-weight ratio) supposedly makes it feel peppier than the Prius. Also, for us power-hungry enthusiasts, don't forget that Lexus also registered the CT 300h and CT 400h trademarks, as I reported here just over a year ago: Lexus' "C-Premium" upmarket small car gets a name: CT 200h... - my.IS - Lexus IS Forum
 

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the CT200h will be powered by a similar powertrain to the 2010 Prius. Both engine and transmission. Likely re-tuned for the weight, dynamics, and sporting intention of the CT though.
 
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