Honda: Lithium-Ion EV’s Won’t Reach Price Parity With Gasoline Cars
As Honda gears up for its debut Acura EV, the price tag that comes with existing battery technology and soaring battery metals costs suggests that ICE vehicles will maintain the cost-competitive edge for some time, Honda’s VP of sales for America told TheDrive. Earlier this month, Ford CEO Jim Farley echoed these sentiments, saying that the cost of raw materials for the auto giant’s EVs would likely mean higher and higher costs for new models. “I don’t think there’s going to be much relief on lithium, cobalt…