This paper introduces a novel hybrid cascaded multilevel inverter. It is a series connection of two asymmetrical inverters, compared to the traditional cascaded multilevel inverter, the proposed cascaded inverter can produce more output levels using the same switches, the most number of output levels and modulation strategy are analyzed. To reduce the amount of power, the proposed hybrid is improved by replacing partial independent powers with capacitors, the method to improve is analyzed, all is verified by simulation results finally.