NEW YORK -- Honda Motor will introduce a new electric vehicle in North America priced below $30,000 by as early as 2026, as the Japanese automaker aims to attract customers after purchase incentives are removed under the current U.S. administration of President Donald Trump.
Electric vehicles
Honda plans sub-$30,000 EV model for North America
Low price aims to compete with gasoline-powered vehicles as Trump ends incentives
Honda's electric SUV under its new 0 Series is displayed in Las Vegas. The Japanese automaker plans to launch a small EV in North America as part of the lineup. (Photo by Mayumi Tsumita)
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