More poor EV sales fallout -- Honda to book $15 Billion loss

[1srelluc]

• Honda said it booked a charge of up to $15.7 billion as it retreats from some EV plans.
• The Japanese automaker joins other global legacy automakers announcing billion-dollar EV charges.
• The Honda 0 Saloon, Honda 0 SUV, and Acura RSX EV are all canceled. It leaves Honda with one EV.

Honda is taking a massive financial hit as it pulls back on its electric-vehicle ambitions.

MSN

Weird that only Toyoda figured it out early..... They paid the stupid noncompliance fines but avoided losing $tens of billions.

Here's a novel idea for success:

Make the cars people actually want, instead of the cars politicians tell you they must have.

Honda would have been fine just making ICE and hybrid vehicles.

 

[DGS49]

My guess is that they moved toward EV production when Biden made his EV mandate - all EV's by 2030 - then had to re-think it when Trump voided that mandate. Without the mandate, EV's will never dominate the marketplace.

Apparently, I'm the only one who understands the EV phenomenon: It is a niche market. EV's are PERFECT for people like me. I have two vehicles in the household and the ability to charge one in the garage, at a very modest cost. But I also have an ICE vehicle for trips. For most of the year I use the hell out of my Tesla M3 and the VW sits in the garage. When I'm traveling out of state - like now - the Tesla sits in the garage. It's perfect.

If there is only one vehicle in your household, or if you cannot conveniently charge at home, then you are better off with a hybrid or a normal ICE vehicle. You cannot fully enjoy the benefits of an EV.

I hate to see Honda take a hit like this. They are a great company and make a wide range of wonderful products.

 

[toobfreak]

More poor EV sales fallout -- Honda to book $15 Billion loss​

The key point in all of this isn't that nearly all the major automakers have taken a huge dump on the head losing billions over EV cars, but that the real reason is because Trump repealed the former generous $7,500 tax credit that Biden had used to BRIBE auto buyers into buying an EV to make them more appealing and cost effective.

The other factor was that Trump put the emission standards back where they should have been, unnecessarily tightened by Biden as another way to jack up ICE car costs and further steer buyers into getting EVs.

Had Biden remained in office I expect his next step was to open the US market to Chinese EVs. Old Rocks

The point being that Trump leveled the playing field and without the government interjecting itself into picking winners and losers in the auto market, left to consumer preferences and choice, consumers want ICE autos.

Even the current spiking in gasoline prices has done little to spur buyers to buy more EVs. EVs are a dog. They are a boondoggle came before their time forced into production by leftwing meddling in the consumer market for political reasons forcing most auto makers to bite deeping into the EV madness and invest billions. Billions in factories now laying mostly quiet. The Chinese are big on EVs and now have vast graveyard filled with thousands and millions of old EV junkers no one wants.

https://www.cnn.com/2026/05/14/business/honda-loss-ev-pullback-cost

Put simply, auto makers are now eating billions in loses over the hapless meddling of Joe Biden, and now with changes to battery technology and other things, consumers will be slow to go back to seriously considering buying battery-operated cars and those cars will cost a lot more than a comparable ICE, as they should.

 

[Cellblock2429]

The key point in all of this isn't that nearly all the major automakers have taken a huge dump on the head losing billions over EV cars, but that the real reason is because Trump repealed the former generous $7,500 tax credit that Biden had used to BRIBE auto buyers into buying an EV to make them more appealing and cost effective.

The other factor was that Trump put the emission standards back where they should have been, unnecessarily tightened by Biden as another way to jack up ICE car costs and further steer buyers into getting EVs.

Had Biden remained in office I expect his next step was to open the US market to Chinese EVs. Old Rocks

The point being that Trump leveled the playing field and without the government interjecting itself into picking winners and losers in the auto market, left to consumer preferences and choice, consumers want ICE autos.

Even the current spiking in gasoline prices has done little to spur buyers to buy more EVs. EVs are a dog. They are a boondoggle came before their time forced into production by leftwing meddling in the consumer market for political reasons forcing most auto makers to bite deeping into the EV madness and invest billions. Billions in factories now laying mostly quiet. The Chinese are big on EVs and now have vast graveyard filled with thousands and millions of old EV junkers no one wants.

View attachment 1256637

https://www.cnn.com/2026/05/14/business/honda-loss-ev-pullback-cost

Put simply, auto makers are now eating billions in loses over the hapless meddling of Joe Biden, and now with changes to battery technology and other things, consumers will be slow to go back to seriously considering buying battery-operated cars and those cars will cost a lot more than a comparable ICE, as they should

/-----/ Bidum didn't know what day of the week it was. It was his handlers' doing.
Sodium-ion (Na-ion) battery.

While it has been in lab development for decades, it has moved aggressively into the commercial EV space. Major global battery manufacturers and automakers are heavily investing in it as a strategic alternative to traditional lithium-ion chemistries.

Here is a breakdown of what makes sodium-ion batteries the big talking point in the EV world, their key advantages, and where they currently stand.

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What is a Sodium-Ion Battery?​

At a fundamental level, sodium-ion batteries operate almost identically to the lithium-ion batteries powering today's EVs. They use a cathode, an anode, and an electrolyte to move ions back and forth during charging and discharging. The game-changing difference is the swap of lithium ($Li^+$) for sodium ($Na^+$).

Because sodium is one of the most abundant elements on Earth (it's the main ingredient in common salt), it completely bypasses the volatile, expensive, and geopolitically complex lithium supply chain. Furthermore, these cells can utilize aluminum instead of expensive copper for their current collectors, driving material costs down even further.

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The Advantages: Why Automakers are Moving to Sodium​

The push toward sodium-ion isn't just about reducing raw material costs; it solves some of the most frustrating real-world limitations of current EV batteries:

• Exceptional Cold Weather Performance: Traditional lithium-iron-phosphate (LFP) batteries notorious for losing significant driving range when temperatures drop. Second-generation sodium-ion batteries can retain roughly 90% of their nominal capacity at temperatures as low as -40°C (-40°F).
• Rapid Charging Speeds: Due to the electrochemical properties of the latest cell designs, sodium-ion batteries can safely accept a charge much faster than lithium. Some production-ready packs can charge from 0% to 80% in just 15 minutes.
• Superior Thermal Safety: Sodium cells have excellent thermal stability. They handle extreme heat up to 70°C (158°F) exceptionally well and are far less prone to the "thermal runaway" events that cause catastrophic battery fires.
• Logistical Ease: Unlike lithium-ion batteries, which can become permanently damaged or highly unstable if kept at a 0% charge, sodium-ion batteries can be fully discharged to 0% for completely safe, risk-free transport and storage.

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The Catch: Energy Density​

If sodium is so cheap and resilient, why hasn't it completely replaced lithium? The answer is energy density.

Sodium ions are physically larger and heavier than lithium ions. Because they take up more structural space in the cell matrix, they hold less charge relative to their weight. Currently, mass-produced sodium-ion cells achieve an energy density of around 160 to 175 Wh/kg.

• For comparison, this puts them on par with entry-level lithium (LFP) batteries, but it is roughly half the energy density of premium, long-range Nickel-Manganese-Cobalt (NMC) or Tesla's 4680 cells.
• As a result, sodium batteries are heavier and bulkier for the same amount of range, making them ideal for budget, city-focused commuter cars but less suited for high-performance or ultra-long-range vehicles.

Interesting review of the current battery types.

Different Types of EV Batteries | GreenCars

From LFP to solid‑state, see how battery chemistry affects performance, charging, and price so you can make a smarter EV choice

www.greencars.com

 

[toobfreak]

Because sodium is one of the most abundant elements on Earth (it's the main ingredient in common salt), it completely bypasses the volatile, expensive, and geopolitically complex lithium supply chain.

Well, Sodium is the 6th most abundant element on land while lithium is the 32nd.

Second-generation sodium-ion batteries can retain roughly 90% of their nominal capacity at temperatures as low as -40°C (-40°F).

40° ain't nothing, but it is a lot better than lithium batteries in the cold.

Some production-ready packs can charge from 0% to 80% in just 15 minutes.

A big bonus.

Sodium cells have excellent thermal stability. They handle extreme heat up to 70°C (158°F)

Well, even that is no big deal, 158°F is not all that hard a temp to reach on a hot road surface in the summer in some places, but if it cuts down on battery fire, all the better.

sodium-ion batteries can be fully discharged to 0% for completely safe, risk-free transport and storage.

Interesting.

sodium batteries are heavier and bulkier for the same amount of range, making them ideal for budget, city-focused commuter cars but less suited for high-performance or ultra-long-range vehicles.

That is the one trade off. There is always a trade off in every gain. Sodium requires 11 neutrons with 11 electrons in three shells; while lithium only requires 3 neutrons with another 3 electrons in only two shells, so of course, sodium is heavier and bulkier. But perhaps there might be some clever work around for this.

 

[Cellblock2429]

Well, Sodium is the 6th most abundant element on land while lithium is the 32nd.


40° ain't nothing, but it is a lot better than lithium batteries in the cold.


A big bonus.


Well, even that is no big deal, 158°F is not all that hard a temp to reach on a hot road surface in the summer in some places, but if it cuts down on battery fire, all the better.


Interesting.


That is the one trade off. There is always a trade off in every gain. Sodium requires 11 neutrons with 11 electrons in three shells; while lithium only requires 3 neutrons with another 3 electrons in only two shells, so of course, sodium is heavier and bulkier. But perhaps there might be some clever work around for this.

/---/ It's new technology. Once they refine it, like all other new sources - it will become more efficient.

 

[Captain Creeper]

F*ck those cuck-wagon battery powered cars! More to the point, f*ck the whole idea of forcing this sh!t-boxes on us! Everybody knew, or should have known, what a boondoggle this would become. And all because of fake science of KliMaTe cHanGe.

These shit-buggies will be another symbol for failed leftism.