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Honda says making cheap electric vehicles is too hard, ends deal with GM (arstechnica.com)

submitted 10 months ago by L4s to c/technology

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

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[–] [email protected] 13 points 10 months ago* (last edited 10 months ago)

I mean, that's my point. The used market isn't all beater cars. There are almost new EVs available on the used market. 3 years ago they didn't exist at all. The used market back then only had EVs with poor batteries, but these days you can find new cars in the used market with new batteries, but still at a massive price discount only for being used slightly.

Many people still have the common idea that used EVs are risky, so the prices drop a lot from very little use. Also because the technology in new cars evolves very quickly, so you can get last years models considerably cheaper.