No Electric Cars From Honda... For Now

For the foreseeable future, electric cars will be limited to short-distance city runabouts. By 2015, they will account for less than 1 percent of the market in developed countries, Honda R&D chief predicts.

Published: 10-Sep-2008

One name is conspicuously absent from the electric vehicle hoopla: Honda.

And R&D chief Masaaki Kato says that is for good reason. Honda Motor Co. has no plans to produce electric vehicles.

The battery technology is not ready, he says.


Ray Lane, managing partner of venture-capital firm Kleiner Perkins, Caufield and Byers, which has invested in Think, believes Think could eventually sell as many as 30,000 to 50,000 City cars a year.

The production electric vehicle to be introduced in 2010 will have a unique bodystyle and is not based on any existing Nissan model, unlike the technology 'mule' pictured above.

The 100-mile range electric car has been operating with Japanese power companies for the last two years.


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