Posted on 05/06/2026 8:27:15 PM PDT by SeekAndFind
Honda's failed bet on electric vehicles means the Japanese auto giant will have to stretch the lifecycles of five top-selling vehicles "in some cases to more than a decade," according to a supplier memo seen by Automotive News.
The company will continue selling existing versions of the Odyssey, Accord, and HR-V, as well as the Acura MDX and Integra, after writing down up to $15.8 billion worth of investments in EVs, including eliminating three new EV models for the U.S. market.
Car and Driver said the 2023-issue Accord "won't be redesigned until at least early 2030," while "the Odyssey minivan isn't set to be replaced until 2030, while the current HR-V SUV will see its production extended until early 2032." The two Acura models will suffer similar delays.
It seems like just earlier this spring [It was just earlier this spring, Steve —Editor] I reported on Honda's massive losses from betting big on EVs — with a big nudge from Big Stupid Government — but the company's losses show up on more than just the balance sheet. That's why models that the company actually sells and makes money on — like the aforementioned Accord — won't see expected refreshes anytime soon.
There's this little thing called opportunity cost, which is the value of the best alternative you give up when you choose one option over another. Honda bet big on EVs, but then changing market conditions forced the company to scale back those plans to the tune of billions of dollars worth of write-downs.
Worse, however, are the updated models that would have sold in volume that the company chose not to invest in.
(Excerpt) Read more at pjmedia.com ...
Quite right.
Like EVs, I understand soccer is a widely popular sport . . . outside the US.
I hate to break this to you, but the fire risk for hybrids is higher than EVs.
The car manufacturers pass the cost to the consumer.
That’s why car prices are so high
“Humor was buried with Victor Borge.”
Good one. There were others.
I respectfully disagree. IMHO it's the opposite. At least with driving habits like we have in the U.S. It's the rural areas in which people tend to drive many miles, thus the gas savings of an EV make an EV worth considering. In the urban areas one probably doesn't drive nearly as much -- the gas savings of an EV isn't worth the extra costs of an EV (i.e. higher upfront price of an EV, setting up a charger, the extra fee/rate a state charges for renewing a car tag, etc.)
My wife and I have put 90K miles on our EV since we bought it less than 4 years ago. The gas savings and oil change savings is substantial. Which is why we drive it more than our gas pickup. We live in a somewhat rural suburb and have to drive many miles to get wherever we're going. That's probably not the case for people who live in town.
I concede! you make a very good point. Plus rural folk might have room for their own solar panels and so be completely self-sufficient
Can I ask a question - but won't the EV's power be a question for rural folks?
Lay the blame at Elon Musk’s feet. He invested in Tesla then lobbied to get EV mandates.
The main fault is with the Feds for offering $7,500 subsidies from poorer taxpayers to richer Tesla buyers.
There is no economic arrangement that can’t be screwed up by government involvement.
I’m just separately pissed at Dan Noel for being such a shill.
You overpaid for the EV in the first place.
Also, what will you do when everyone is driving an EV and they decide to jack electricity prices because there is such a monopoly in electricity production and generation? I mean, Obama shuttered over 250 coal plants.
As far as plugin hybrids go, there isn’t much demand for those. I have a new car with a mild hybrid battery. It is not a very big battery. It just recovers some braking energy to run HVAC and assist in the engine from a dead stop.
What you don’t know is that you are not only wrong, but really , really wrong.
TESLA autos are only a part, a diminishing part of the company.
Tesla auto sales are made simply because they are superior vehicles. The Model Y was the second largest selling model in the world in 2024 and the largest selling model in the world in 2025
No, you are wrong, but you often are.
I am absolutely correct.
You need to learn the actual facts and stop your anti ev blathering
That’s one term to whitewash the history.
.. that oil can also be burned to generate electricity to ... recharge EVs.
In the US with US oil, that’s fine - as long as the Sauds don’t get potloads of cash coming in that they then funnel to jihadiss
price?
1) My wife and I own two cars: an EV crossover and a gas pickup. That way we don’t have all of our transportation eggs in one basket. If the Dims regulate away gasoline (or make it too expensive to use regularly), we have an EV. If the Dims regulate away power, we have a gas pickup. This is especially a consideration for long trips more than local driving because..
2) We have tons of decentralized solar for our home (all electric). Of the total amount of power our house consumes throughout the year, including charging the EV, only 20% of it has to be pulled from the grid. The remaining 80% is homemade power. That includes charging the EV for 18K of the miles per year (the amount charged at home). My past 12 power bills averaged $72/month, including charging the EV for 1,500 miles per month. No natural gas bill, and almost no gasoline cost (what little we drive the gas pickup).
In Alabama sunshine, with Alabama power consumption habits (ie running the AC a lot in the summer, which is when we get more sun), the end result is that most of the power I pull from the grid is during the 4 wintery weather months November to February. The other 8 months I’ll pull from the grid 0-4 or so days in the month. Again, that includes charging the EV. And the days I pull from the grid it’s for only part of that day’s power.
That is the #1 reason I got the EV: I can make my own power but I can’t make my own gasoline. And I got the EV 4 years ago when my wife’s gas crossover needed replacing anyway. Plus, that was the year I was adding to the solar system after having a smaller one for a year to play with it for all seasons. So the EV charging was part of the math on how much of each solar component to upgrade. If you’re a fellow code jockey you can understand my inverter recording telemetry in 5 minute candles, me importing it into a SQL Express DB, and me querying the stew out of it to generate reports to see how much to upgrade my solar intake, and my inverter capacity, and my battery storage capacity to take advantage of the economies of scale (invest more to increase ROI), but not so much that I fight the law of diminishing returns.
But don’t replicate what I did unless you’re willing to dive deep into the math for your particular climate and your particular driving habits and your particular home energy habits. It’s not a one size fits all project.
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