With looming increases to CAFE standards automakers are ramping up the sale of electric vehicles. Most are proceeding cautiously as consumer demand has thus far been weak and battery technology is evolving on what seems like a daily basis. Honda is the latest automaker to announce plans to enter the EV market delivering the first Fit EVs in select markets in California and Oregon.
Honda is taking an even more cautious approach than its competitors. Like others, Honda is restricting production and for now plans to deliver just 1,100 and only in states with the most severe environmental restrictions. All Fit EVs will be leased for a term of 36-months. Honda will perform an audit of the homes of prospective customer to make sure the house can accommodate a 240V charging station.
The Fit EV is the current leader in MPGe at 118 and claims the vehicle can be fully recharged in 3-hours or less using a 240V charger.