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By Sherminator98 · Posted
This article says only $7.5B Honda Kills Three US-Built EVs Before They Ever Launch, Taking up to $7.5 Billion Loss They looked pretty terrible anyways -
The retreat from EV's continues. Now it's Honda that's cancelling future EV's and writing down EV investments. HONDA TAKES $16B EV WRITE-OFF Another automaker is taking a huge financial hit to pivot away from EVs. Ford recently announced a nearly $20 billion write-off, while Stellantis wrote off $26 billion. And now Honda says it will book up to nearly $16 billion in losses in its shift away from EVs. The automaker is canceling three EVs it was developing for North America, the 0 Series SUV, 0 Series Saloon and the Acura RSX. Honda says if it started producing and selling the vehicles, it would lead to even more losses in the long-term. On top of that its profitability has declined because of U.S. tariffs and not remaining competitive in Asia because it had to allocate more resources for EV development. So the company needs to save cash in order to offset losses in its automotive business. Several executives, including Honda’s CEO and executive vice president, are taking voluntary pay cuts for the next three months, as a result of its decision.
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By twintornados · Posted
Wondering if Rivian is considering LFP battery tech and if so, who will provide it? Seems like a natural for the R2....also, please build a D2 trim level.... -
By Sherminator98 · Posted
I know the rates for travel quite well and if I use my own car for travel with the government, I'm lucky if it covers gas I use. So anyways- Just pulled this up from Gemini (just sheer laziness) The average cost to own and operate a new vehicle in the U.S. is approximately $11,577 per year or roughly $965 per month, based on 15,000 miles driven annually. This figure covers depreciation, fuel, insurance, and maintenance, though costs vary based on vehicle type (e.g., $1,714–$2,676 annually for gas) I have a HUGE issue with including depreciation-I can't write it off (normally) in my taxes and its providing a service for me to be able to go to work and do personal things. Even with having a car payment, I spend less then 11K a year in costs. I drive around 10K a year and I'd assume my gas consumption costs are about $1200-1400 a month and spend maybe $300 bucks or so in maintenance costs for a twice a year oil change. -
By Sherminator98 · Posted
I was just about to post this Given the pricing of this, if Ford can make the CE1 CUV for $35K or so they'll hit a home run with it. -
https://www.jalopnik.com/2121494/2027-rivian-r2-launches-details-range-specs-pricing/
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Requirement like Insurance From my experience, the opposite is true people underestimate the true cost of driving. I don't know a more neutral source for ownership cost than AAA. The IRS sets the 2026 standard business mileage rate at 72.5 cents per mile, which isn't too far off from the AAA numbers.
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maverick’s horsepower dropped when the new 2.0 ecoboost engine was introduced for the 2025 model year.
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