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Honda previews its first electric SUV arriving in 2024 with estimated range, pricing

Electrek

We are finally getting a sneak peek of Honda’s first 100% electric SUV arriving next year, the Honda Prologue. With pre-sales starting later this year, here’s what you can expect regarding pricing and range.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Honda plans hybrid expansion in 2024 to tackle Toyota, bringing EVs as soon as 2026 to tackle Tesla

EV Central

Honda will fast-track EVs to market as it responds to booming demand in the electric car space and intensifying competition. READ MORE: Honda dumps GM, plans new family of affordable electric cars with Nissan READ MORE: Sony and Honda show off handsome 2025 Afeela electric sedan with Tesla-threatening tech READ MORE: Honda returns to form!

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average price paid for a new EV increased by $313 (up 0.5%) in March 2023 compared to February 2023. New EV pricing peaked in 2022, coming down steadily since Q3 of last year. However, EV sales from Mercedes, Rivian, Lucid and other brands have increased at the same time, offsetting lower-priced Tesla products.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Elevate SUV helps Honda clock 10% growth in sales in January

Baua Electric

Read more Honda Elevate SUV is offered in a single engine option but with two transmission choices. Honda Cars has registered a growth of more than 10 per cent in January sales as the carmaker sold 8,681 cars across India last month. Honda’s rise in sales has been largely due to the success of its flagship SUV Elevate.

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Honda to invest $40B over 10 years in electrification and software; launching 30 EV models by 2030; > 2M units p.a.

Green Car Congress

In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5 trillion / US$12 billion).

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