I've been toying with a similar idea for a while now,it was actually the catalyst for my race rod EV project. The problem I have yet to figure out a solution for is weight. I originally wanted to turn my 91 Accord into a performance hybrid. The problem is carrying the weight of two powertrains (ICE front-drive / EV rear-drive), plus enough batteries. Even with lithium I'd be looking at a 4000lb vehicle - minimum.
Of course a Geo is much lighter to start, and by not going for performance you can keep the weight down somewhat, but you still have two setups. The ICE isn't going to be as fuel-efficient dragging the EV-powertrain around, and the EV-powertrain is going to have less range and performance because it is pushing an extra ICE around.
I haven't given up completely yet, but have changed my goals. I am toying with the idea of a much lighter EV rear setup in the FWD Accord, designed to provide clutchless creeping ability in city traffic; as well as a possible mileage boost by helping get the car moving from a stop. The hurdles I haven't given serious thought to yet are a switchable single/dual throttle control with one gas pedal, and computer control for cooperation between the two powertrains. Drive-by-wire would be the ultimate because a computer could tell the appropriate powertrain when and how much work to do, depending on what "mode" the driver selects (e.g. Traffic, Stop-n-Go, Highway). Just thinking out loud, in case my madness can actually help someone someday...