Honda says making cheap electric vehicles is too hard, ends deal with GM

L4sBot@lemmy.worldmod to Technology@lemmy.world – 548 points –
Honda cancels plan for cheap electric vehicles, ending collaboration with GM
arstechnica.com

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

236

You are viewing a single comment

Idk, even if you made almost everything out of aluminum , thats like $2000 for the raw metal for the frame and body, 8k for a 80kwh battery, about 5.5k for a 166HP emrax 228 motor off the shelf... with no transmission, the most expensive components combined are less than 20k. I dont see how even a 35k EV would not be profitable with some sensible off the shelf components.