The report says Honda plans to launch a small EV costing less than $30,000 in the U.S. as early as next year. This new EV will also reportedly be U.S.-built, likely to avoid new tariffs on imported vehicles expected to be instituted by the Trump Administration.

The affordable Honda EV, which could go on sale by 2026, may be produced in the Ohio factory, avoiding potential tariffs

Honda Motor Co., a Japanese automotive giant, is poised to make a significant push into the North American electric vehicle (EV) market with a strategic focus on affordability. According to a report in the Nikkei newspaper,