Honda is working on affordable all-electric Fit-based car

Honda is currently a little bit behind when it comes to electrification, with very little electric vehicle efforts.

But the Japanese automaker is now reportedly working on an important new global electric vehicle program in partnership with CATL, China’s biggest battery maker.

Contemporary Amperex Technology (CATL) has been signing a lot of contracts with automakers lately, including the Nissan-Renault, NEVS, and possibly even Apple.

Now Nikkei reports that they are partnering with Honda on an important electric car program based on the Fit:

“The two companies will develop the car based on Honda’s Fit mini vehicle. The goal is to create an affordable electric car priced at slightly more than 2 million yen ($18,000) equipped with a small battery and having a relatively short range of 300km on a single charge.”

They are reportedly planning for 100,000 units per year, which is significantly more than most EV programs today aside from Tesla’s Model 3 production program.

According to Nikkei’s report, they are aiming for a start of production in 2020 and the vehicle will be available in China and other markets.

Source

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