Statement by Honda CEO

[gbuydos]

The figurehead also predicted that the onset of the Trump Administration and its attitude toward electric car-friendly policies like the IRA tax credits and the loosening of EPA fuel economy standards will stunlock EV demand for some time, even after a new president takes the seat at the Resolute desk.

So looks like EVs are on the slow slide for the next decade.

Sponsored

 

[Danface]

In the US anyway which, as we all know, will help strength our status as a "world leader" of course.

 

[gbuydos]

Europe is also relaxing there CAFE standards. That doesn't help EV adoption.

"Though the situation sounds as if a demoralized Honda is giving up on EV technology research and development for good, Mibe said it’ll take this lull period as an opportunity to improve its future offerings."

We should get better hybrids out of this.

 

[Danface]

Europe is also relaxing there CAFE standards. That doesn't help EV adoption.

"Though the situation sounds as if a demoralized Honda is giving up on EV technology research and development for good, Mibe said it’ll take this lull period as an opportunity to improve its future offerings."

We should get better hybrids out of this.

Yeah, given the current climate, hybrids should be the bridge to full EV but I am saddened by lack of leadership. Division is "great" for leaders but not for the rest of us.

 

[Storx]

Ya i kinda feel like this is going to happen worse than we think. The dealership i recently went to is one of the largest volume dealer in the state and they informed me that "if i didn't go with the vehicles they had on the lot, that it may be difficult to get one later on." When i asked in response what they meant, they informed me that their future orders show unknown status for delivery vs an estimated date, which typically means there is something happening to the supply.

I didn't really think to much on this at the time, but this kinda makes sense if the overall car manufactures are planning for a stall in EV sales. Hopefully this is not a sign of Ford giving up on the lightning also....

 

[F150ROD]

Id hesitate to purchase an EV right now unless you plan on keeping it till the wheels fall off.

Many dealers are hesitant to take them in as trade ins, this is one of the reasons for the abysmal trade in values.

We won't learn until we have a real OIL crisis and the only that can save us will be the Chinese and their dirt cheap EV's. These mandates turned people off to EV's as they felt it was a Government telling them what to do.

 

[taraafico]

I believe EV’s are here to stay. All it comes is battery technology, do you think Tesla is going out of business ? No. If I were Ford I would give Tesla the contract to make batteries for its F150 fleet that would release some pressure. Guys we either do electric cars or China will do for us, no choice.

 

[Heliian]

Meh, whatever, they don't really sell ev's now anyways.

 

[Danface]

Ya i kinda feel like this is going to happen worse than we think. The dealership i recently went to is one of the largest volume dealer in the state and they informed me that "if i didn't go with the vehicles they had on the lot, that it may be difficult to get one later on." When i asked in response what they meant, they informed me that their future orders show unknown status for delivery vs an estimated date, which typically means there is something happening to the supply.

I didn't really think to much on this at the time, but this kinda makes sense if the overall car manufactures are planning for a stall in EV sales. Hopefully this is not a sign of Ford giving up on the lightning also....

Tariffs most likely. Remember, if you want to straighten something out, hit it over and over again with a big hammer!

 

[Danface]

Id hesitate to purchase an EV right now unless you plan on keeping it till the wheels fall off.

Many dealers are hesitant to take them in as trade ins, this is one of the reasons for the abysmal trade in values.

We won't learn until we have a real OIL crisis and the only that can save us will be the Chinese and their dirt cheap EV's. These mandates turned people off to EV's as they felt it was a Government telling them what to do.

The problem is "they're listening" (to the things they want to hear and believe).

 

[Storx]

Id hesitate to purchase an EV right now unless you plan on keeping it till the wheels fall off.

Many dealers are hesitant to take them in as trade ins, this is one of the reasons for the abysmal trade in values.

We won't learn until we have a real OIL crisis and the only that can save us will be the Chinese and their dirt cheap EV's. These mandates turned people off to EV's as they felt it was a Government telling them what to do.

I don't think its the government turning people off from buying EV's as the primary cause. I think its a combination of multiple things that are fixable, just not seeing much effort to fix the issue.

Examples:

I have personally converted 8 people to EV's in my friends, family, and coworkers circle after just letting them take it for a test drive. They are just amazed how nice the instant torque feel of an EV is.

2 of those that converted to EV after test driving mine, have left and returned back to gas and after having multiple conversations with them, the charging network, and EV repair issues is the biggest complaint.

The first one lived in a condo downtown with a Tesla Model Y lease, but there was a supercharger down the street they just stopped once or twice a week to charge, but after Tesla started opening the chargers to everyone and more people bought EV's, she said she got tired of waiting to charge. It just became worse and worse over the 3 years she had her lease and the next closest charger was 15 minutes away and her condo refused to let her install a charger in her reserved parking spot. There is currently no incentive to promote charging in multifamily dwellings to take advantage of home charging.

The 2nd one got rear-ended, what should have taken a few weeks to repair, the repair process took over 4 months to get the rear of their Mercedes EQB fixed due to parts availability issues with EV parts. Due to it taking so long, their insurance only covered the first 30 days for rental, which left them 3 months without a vehicle so they just bought another gas vehicle and sold the EV when it finally got back from being repaired.

If they had a way to get more people to actually drive an EV, i bet the conversion rate would be much higher, just most have never been in one yet alone driven one. Also if they fix more of the issues with charging difficulties so its more abundant like gas it would no longer be an issue either.

I think the biggest corporate issue is greed of money. They are trying to make the EV vehicle so advanced with so many technology features, that its driving up the price significantly putting it out of the affordable range of 80% of buyers. Tesla claims to have an EV under $300/month, but its falsely advertised, because that number includes tax credit and estimated gas savings, which is complete BS.

They just need to start building EVs that are just basic inside to drive down the cost. Not everyone needs a car that drive without hands or has fifty million outlets and 2-3 giant screens. Makes basic models that are profitable for the majority of people to afford, then put all that tech stuff in the higher trim models for the ones that have the money to spend. Right now the top 10% of earners is propping up the adoption of EV vehicles.

 

[F150ROD]

I believe EV’s are here to stay. All it comes is battery technology, do you think Tesla is going out of business ? No. If I were Ford I would give Tesla the contract to make batteries for its F150 fleet that would release some pressure. Guys we either do electric cars or China will do for us, no choice.

Batteries and software. This is what I have been saying.

A Ford Focus with Tesla Batteries and software would be killer.

 

[Storx]

I believe EV’s are here to stay. All it comes is battery technology, do you think Tesla is going out of business ? No. If I were Ford I would give Tesla the contract to make batteries for its F150 fleet that would release some pressure. Guys we either do electric cars or China will do for us, no choice.

That is not even a valid option, most of Tesla's have cells made from Panasonic. The models that they release with their in-house 4680 have quietly been discontinued and the only model even coming with those cells is the Cybertruck which is having an entire slew of problems on its own. There have been multiple owners in the tesla groups I'm in that have had their 4680 cybertruck battery fail in under 10k miles and they have not even made vert many of them yet. Surprisingly the 2nd leading pack used in manufacturing of the Tesla's is the Chinese CATL models. If you buy a tesla currently that "qualifies" for the EV Tax Credit its a Panasonic model battery, but many are finding that if you leased your Tesla, because they don't qualify for the tax credit, they are shipping the Chinese cell models to lease purchases.

 

[Storx]

Batteries and software. This is what I have been saying.

A Ford Focus with Tesla Batteries and software would be killer.

I would agree with software, but most manufactures don't want to pay the royalties of using someone else's software. I think if someone like Ford just teamed up with Apple and literally put an Ipad in the truck using Apple's hardware and software, that would be a killer combination. Apple's UI is incredibly easy for all ages on their Ipads. Regarding Batteries, i think FORD is actually leading the pack in least battery replacement per vehicle manufactured.

Heck im sure apple could even make it a docking station on the dash, so the screen uses an existing iPAD product that just seats into the docking station and connects with the vehicle. This could make it so the screen hardware could be upgraded as simple as replacing the IPAD>

 

[Whammy Bar]

I would agree with software, but most manufactures don't want to pay the royalties of using someone else's software. I think if someone like Ford just teamed up with Apple and literally put an Ipad in the truck using Apple's hardware and software, that would be a killer combination. Apple's UI is incredibly easy for all ages on their Ipads. Regarding Batteries, i think FORD is actually leading the pack in least battery replacement per vehicle manufactured.

Heck im sure apple could even make it a docking station on the dash, so the screen uses an existing iPAD product that just seats into the docking station and connects with the vehicle. This could make it so the screen hardware could be upgraded as simple as replacing the IPAD>

Lots of us with multiple replacements helping to drive the number up. I was at 3 modules replaced (3 separate times) in the first 20k miles.

Ford should partner with Dewalt or Milwaukee or Ryobi to make it so you can just pop out the bricked module in under an hour.

Sponsored