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Honda Considering An EV Under $30,000
Honda Motor is considering a sub-$30K electric vehicle launch in the U.S.
The company has a target to have battery-powered and fuel-cell vehicles make up all of its new car sales by 2040. Shares of Honda Motor ( HMC) traded flat in premarket action at $28.80 vs. the 52-week range of $23.41 to $37.90.
Honda wants to launch an EV for under $30,000 in the US as early as next year
According to Nikkei, Honda plans to launch a smaller EV priced under $30,000 in the US as early as 2026. It will be made locally, starting with the batteries, to cut costs. The new EV is expected to be the entry-level model for its upcoming Honda 0 Series. It will be a cornerstone for Honda’s global expansion.
Honda Considering An EV Under $30,000 For The U.S. Market
Although Honda is in the process of developing its own electric vehicle (EV)-dedicated architecture to part ways with General Motors, all while injecting massive investments in Canada to create a North-American EV supply chain,
1d
Honda boosting investment in three Ohio auto plants by $300 million
Honda Motor said on Wednesday it will boost its investments in three Ohio auto plants by $300 million to have flexibility to ...
Green Car Reports
1d
Honda reportedly planning sub-$30,000 EV, might be US-built
The report says Honda plans to launch a small EV costing less than $30,000 in the U.S., as early as next year. This new EV ...
4d
on MSN
Poll: Honda’s Considering An Electric Type R, But Should It?
Honda's EV boss says creating an exciting electric Type R isn’t easy, but they’re exploring ways to make it happen ...
2d
on MSN
Can Honda’s sub-$30,000 EV reshape the North American market?
Honda Motor Co., a Japanese automotive giant, is poised to make a significant push into the North American electric vehicle ...
MotorTrend on MSN
8d
Can an Electric Honda Civic Type R Be Any Fun?
One thing is for sure is that Honda won’t build an electric Type R unless it believes what it comes up with is worthy of the ...
Consumer Reports
4d
Hot, New Electric Cars That Are Coming Soon
The ongoing business impact of the coronavirus pandemic has slowed auto development and production, but manufacturers’ plans to introduce
electric
vehicles
(EVs) continue unabated. In fact ...
1d
on MSN
Honda recalls nearly 295K Honda, Acura vehicles for risk of engine stall, power loss
Honda is recalling nearly 295,000 Honda and Acura vehicles that could potentially suffer engine stalls or loss of power from ...
The Cool Down on MSN
2d
Honda's all-electric SUV is rapidly outselling other models — here's why drivers are scrambling to buy this 'surprise hit'
"The range is right at that magic 300 mile mark." Honda's all-electric SUV is rapidly outselling other models — here's why ...
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