A novel VC (voice conversion) method based on hybrid SVR (support vector regression) and GMM (Gaussian mixture model) is presented in the paper, the mapping abilities of SVR and GMM are exploited to map the spectral features of the source speaker to those of target ones. A new strategy of F0 transformation is also presented, the F0s are modeled with spectral features in a joint GMM and predicted from the converted spectral features using the SVR method. Subjective and objective tests are carried out to evaluate the VC performance; experimental results show that the converted speech using the proposed method can obtain a better quality than that using the state-of-the-art GMM method. Meanwhile, a VC method based on non-parallel data is also proposed, the speaker-specific information is investigated using the SVR method and preliminary subjective experiments demonstrate that the proposed method is feasible when a parallel corpus is not available.