Honda Motor Co., a Japanese automotive giant, is poised to make a significant push into the North American electric vehicle (EV) market with a strategic focus on affordability. According to a report in the Nikkei newspaper,

With a 40% share of the global motorcycle market, Honda Motorcycles is expecting motorcycle sales, including electric motorcycles, to reach 60 million units by 2030. Currently, the estimated worldwide sales number for two-wheelers is estimated

Japan's Honda Motor plans to launch a small electric vehicle priced below $30,000 in North America by as early as 2026, the Nikkei newspaper said on Tuesday, as it plays catch-up in the battery-powered car market.

The affordable Honda EV, which could go on sale by 2026, may be produced in the Ohio factory, avoiding potential tariffs