Report: Honda Fit EV to Return by 2020
May 30, 2018—Honda is planning to bring back a new, revamped Fit-based electric vehicle, according to a report. Japanese newspaper The Nikkei Asian Review was the first to report the news.
Honda initially introduced the Fit EV in 2012, equipping it with a 123 PS electric motor and a 20kWh lithium-ion battery. It had a short-lived history, however, as Honda discontinued the model within a few years.
But The Nikkei Asian Review recently reported that Honda will be teaming with Contemporary Amperex Technology to create batteries and related technologies to be used in a new electric vehicle. The upcoming electric vehicle will first be introduced in China, as well as a few other yet-to-be-announced markets, by 2020.
The revamped version of the Fit EV will reportedly be affordable to the masses, at around $18,000, prompting Honda to establish a sales goal of around 100,000 units per year. If those goals are reached, the new vehicle would likely become Honda’s best selling EV.