Honda's CEO doesn't believe consumers can be incentivized to change to EVs Honda's spending $700M to retool plants and $3.5B to built a battery plant for mass EV production The exec believes the future is electric, but it'll take time Electric cars and hybrids are currently having an inverted moment. Speaking with The Drive at the 2024 Monterey... Honda CEO on EVs: “Can’t force people to change their minds”
Honda's CEO doesn't believe consumers can be incentivized to change to EVs Honda's spending $700M to retool plants and $3.5B to built a battery plant for mass EV production The exec believes the future is electric, but it'll take time Electric cars and hybrids are currently having an inverted moment. Speaking with The Drive at the 2024 Monterey... 
Inflation Reduction Act's 45W, intended for commercial fleets, subsidizes EV leasing Up to $7,500 of federal money applies to EV leases regardless of their price or where they're built That's stoked a leasing boom that undercuts some of the original intent of the IRA If you seek a new luxury EV, or an EV made overseas, the payment math may point... 
NASCAR is considering an electric racing series A prototype electric SUV race car was revealed in July The electric NASCAR race car prototype's body panels were made from plants NASCAR surprised attendees at its July Chicago Street Race with an electric SUV prototype race car, but the powertrain and body style weren't the prototypes only unusual... 
GMC now has two electric trucks in production The 2024 GMC Sierra EV will be a low-volume model for at least a year The limited-edition launch version of the Sierra EV costs $99,495 The 2024 GMC Sierra EV Denali Edition 1 is now being delivered to customers, General Motors announced Wednesday. But it will be some time before other versions of the... 
Lucid has three affordable EVs in the pipeline The project "mid-size program" will encompass a crossover SUV, probably a sedan, and possibly a hatchback Lucid's model will put an emphasis on efficiency Lucid is developing three affordable EVs priced below the Air sedan and the upcoming Gravity SUV, CarBuzz reports. The automaker is currently... 