550

Honda says making cheap electric vehicles is too hard, ends deal with GM (arstechnica.com)

submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world

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Honda says making cheap electric vehicles is too hard, ends deal with GM::The platform was to use GM's Ultium batteries.

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[-] sndrtj@feddit.nl 14 points 2 years ago

Conclusion: my next car will be an affordable Chinese car.

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[-] ZIRO@lemmy.world 13 points 2 years ago

I want to talk about trains.

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[-] Grant_M@lemmy.ca 9 points 2 years ago

Fossil fuel mafia dumped a large bribe into Honda's bank account?

[-] helenslunch@feddit.nl 7 points 2 years ago

Honda is probably right. Unless you're Tesla and every dollar you spend is dedicated to developing, manufacturing and selling EVs. But thus far they've been able to continue selling cars at high prices with massive profit margins.

Most "cheap" EVs like the Bolt are sold at a loss.

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this post was submitted on 26 Oct 2023

550 points (100.0% liked)

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