Honda will not produce any new small EVs as it follows market demand for SUVs

  • sigh@lemmy.world
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    1 year ago

    They would have literally needed to double the range for it to become a compelling option for most people.

    • nilloc
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      1 year ago

      Which I think, gets to one reason crossovers and SUVs are being pushed by companies. They know they’ll need tall vehicles to fit batteries under.

      However, I’m pretty sure the more recent “discovery” that high priced, low volume production can be more profitable is what’s being all brands’ reductions in small car production.

      It’s following the trend as less and less baby boomers exist (the ones who can afford new cars with less than 72 month loans). So they are making hay while they can and driving average new car prices up over $50k.