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Honda to Debut Super Affordable EV at Around $15,000 (Video)

Video Transcript Automakers across the globe are racing to make electric vehicles (EVs) that are more cost-competitive with gasoline-powered cars. Som...

Video Transcript

Automakers across the globe are racing to make electric vehicles (EVs) that are more cost-competitive with gasoline-powered cars. Some, including Tesla, have targeted a price tag of around $25,000, but Honda is aiming to best that number by around $10,000 — in its native country, at least.

The automaker recently announced that it would begin selling a new compact electric vehicle in Japan this fall.

The new N-VAN e is the electrified cousin of Honda’s small, boxy N-VAN, a gasoline-powered model classified as a “kei car” — a Japanese small vehicle category with restrictions on size and power output.

The electric version offers the same high ceiling and low floor, as well as a large, passenger-side opening to accommodate both commercial and recreational functions. But it also includes new features, such as a quiet cabin and the ability to output power.

The new e-van is available in four different trims, and the lowest-cost one starts at north of 2.4 million yen — or around the mid-$15,000 range.

The lower cost, predictably, comes with some downsides beyond the horsepower and size limits already imposed on kei cars. It also offers a range of a little over 150 miles per charge. Tesla’s Model 3, by contrast, can reportedly go more than double that on a charge.

Honda, however, suggested that range level would accommodate its use in a delivery fleet — or perhaps a weekend camping excursion.

Although the N-VAN e is tailored to the Japanese market, Honda hasn’t forgotten about North America. The company recently announced plans to spend tens of billions to roll out EVs across the globe through 2031.

Ray Diamond
Ray Diamond
Ray is an expert in grinding polycrystalline diamond (PCD) and cubic boron nitride (CBN) tools. He works with technologies like laser machining, EDM, and CBN wheels to deliver ultra-precise results for hard and brittle tool materials.
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