Honda will build an electric vehicle in the United States and sell it for less than US$30,000 in response to the US government's import tariffs. The news was reported by Japanese financial outlet Nikkei which reported Honda’s plan to manufacture a small electric vehicle in Ohio.

According to Nikkei, Honda plans to launch a smaller EV priced under $30,000 in the US as early as 2026. It will be made locally, starting with the batteries, to cut costs. The new EV is expected to be the entry-level model for its upcoming Honda 0 Series. It will be a cornerstone for Honda’s global expansion.

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

Japan's Honda Motor plans to launch a small electric vehicle priced below $30,000 in North America by as early as 2026, the Nikkei newspaper said on Tuesday, as it plays catch-up in the battery-powered car market.

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,