One for the Tesla (TSLA) traders: Honda look at launching sub-$30,000 EV in North America

Honda plans to introduce a small electric vehicle priced under $30,000 by 2026, according to Nikkei.

The affordable EV will be part of Honda’s upcoming “Honda 0 Series” and is expected to be produced locally. However, while Honda aims to offer a budget-friendly EV, a company spokesperson clarified that no final decision has been made on launching this specific model in North America.

Another EV competitor.

This article was written by Eamonn Sheridan at www.forexlive.com.