Electric vehicles will always be more expensive than equivalent internal combustion-engined cars, according to American Honda VP of business and sales Dave Gardner. This is due to the lithium-ion batteries that are most commonly used in EVs on the market today, Gardner told The Drive.
“We [Honda] don’t really believe that the current lithium-ion technology is the long-term solution,” Gardner said, instead pointing to solid-state battery technology that is still in development to be “the game changer” for the carmaker. Separately, Mercedes-Benz also said in April this year that EVs are still significantly more expensive than ICE vehicles to make.
Although solid-state batteries still have some way to go before mass production roll-out and therefore are “not around the corner,” Honda is actively developing them and has increased R&D efforts towards them, and the…
Honda: EVs with lithium-ion batteries will always cost more than ICE cars; solid-state tech the way forward
