Japan's Honda eyes launching sub-$30,000 EV in North America, Nikkei says

Quick Summary:

TOKYO : Japan's Honda Motor plans to launch a small electric vehicle priced below $30,000 in North America by as early as 2026, the Nikkei newspaper said on Tuesday, as it plays catch-up in the battery-powered car market.

A company spokesperson did not immediately respond to a comment request.

The company is striving to have battery-powered and fuel-cell vehicles make up all of its new car sales by 2040.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Japan Nikkei North Automaker Company Sales York Series Market Honda Battery-powered

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 17:39:44 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 216 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25571301

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