Honda “Lacks Confidence” in Electric Car Business, Adopts Wait and See Attitude

Having dipped their feet in the waters of electric vehicle sales in Japan once before, Honda’s president of research and development, Tomohiko Kawanabe, said that they still “lack confidence” in demand for electric cars, according to a report from Bloomberg.

“It’s questionable whether consumers will accept the annoyances of limited driving range and having to spend time charging them,” Mr. Kawanabe is quoted as saying. “We are definitely conducting research on electric cars, but I can’t say I can wholeheartedly recommend them.”

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