Honda is killing its EVs – and any chance of competing in the future

Honda is an engine company at its heart. It makes very reliable, long lived engines.

They refine technology not really invent it (maybe invented VTEC). The transition to EV will be very gradual, I don’t even think we have enough rare earth metals and electrical grid capacity to go even twice as fast in adoption?

Honda is waiting for the standards and technology to settle out and become commodity technology, then they implement and iterate to a refined and reliable product.

It doesn’t seem like a winner take all market for EV? What would be the most? Perhaps I am ignorant on that part of market dynamics.

*edit for typos

ICE cars are still the majority of new cars being sold and it'll still take a while for EVs to become more popular.

Ironically, Trump attacking Iran and closing the Strait is a boon to China and EV makers. Once the car is produced, aside from lubricants, it’s completely independent of oil. Heck you can put panels on your rooftop and slow charge it during the day.

Author is a self-defined “senior climate reporter” so take the reporting with a fistful of salt.

The wind is just blowing back towards internal combustion for the moment. A couple years and they will shift again. Killing the whole research project would be dumb. Killing current models makes some sense.