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Honda isn't even doing incremental steps, they are sitting it out still hoping EVs fail. That was a "safe" bet 10 years ago but completely insane now. Car compa
by cowmix 3y ago
Honda isn't even doing incremental steps, they are sitting it out still hoping EVs fail. That was a "safe" bet 10 years ago but completely insane now. Car companies just can't pivot on a dime, you have to ramp up your supply chain over a few years which the the Japanese OEMs are NOT doing.
In the early 2000s Toyota and Honda did hybrids right while the US OEMs sat out the first 10 year. Japan OEMS are doing that failed US OEM stragegy now for EVs... and they'll unfortunately pay for it.
- serjester 3y agoThis really isn't a fair characterization. https://hondanews.com/en-US/releases/honda-announces-next-steps-in-preparation-for-us-ev-production https://hondanews.com/en-US/releases/honda-announces-next-st...
- cowmix 3y agoAre you kidding me? Those are modest investments for how far behind they are and it is nothing compared to every other OEM's EV (re)investment. That one joint venture battery plant for instance will at some point do 40GWH output a year while Tesla's Reno plan does 100 GWH a year -- right now.