https://www.morningstar.com/news/dow-jones/202602106548/hondas-car-business-suffers-loss-as-ev-impairments-mount-2nd-update

Honda this time.

Quote:

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The Japanese automaker booked 43.4 billion yen, or nearly $280 million, in one-time EV-related provisioning and impairments for the three months ended December. That brought the nine-month total to the equivalent of about $1.7 billion, as it booked provisions for losses and impairment on EVs sold in the U.S. and wrote down EV development assets due to lineup changes.
…
The company's EV recalibration is the latest example of automakers pulling back from EVs amid regulatory changes and lackluster demand in major markets like the U.S.

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It was really something to see all those auto companies follow each other off the EV cliff the last couple years. How many have announced a rollback of their plans to eliminate ICE poweplants altogether?

Even Toyota has suffered reputational quality with smaller engines and hybrids across their product line.

Give us solid reliable unaspirated four, six, and yes even eight cylinder models, thank you.

Biden put immense pressure on auto companies to force EVs on the US. The solution was always going to be let the market dictate it but that never works for leftists. The right solution was to have some EV's, a lot more hybrids, and still plenty of gas vehicles while getting rid of CAFE standards. That makes sense though and we can't have that. Trump seems to understand this concept.

What? Impractical EVs and 4 cylinders with turbos, in trucks, wont work for everyone?

Who could have possibly predicted this? Who?

In a lot of ways it reminds one of Biden's covid mandates

Seems to me a few posters have predicted this result for years and years. Certainly has never been an unintended consequence as it was patently predictable.

Just an all around dumbass move on the part of the automakers.

BEVs have been discharged.

Until an EV can take me from Houston to Atlanta and back again on a single charge, I'll keep buying gas vehicles

aggiehawg said:

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Seems to me a few posters have predicted this result for years and years. Certainly has never been an unintended consequence as it was patently predictable.

Just an all around dumbass move on the part of the automakers.

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It's amazing how once Biden and the Democrats were out of the way, the market spoke and the automakers abandoned ship asap.

The federal government is a terrible substitute for the free market.

My wife's hybrid Honda SUV is amazing. We drove it to Yellowstone 2 years ago and the gas mileage was incredible.

Hybrids are great EV tech.

Full electric though? Nope. Not doing it.

aggie93 said:

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Biden put immense pressure on auto companies to force EVs on the US.

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This. It's not the fault of the car companies, its the delusional Marxists on the left.

Meanwhile, at Toyota…Leeeeeroooooooyyyyyy Jenkinnnnnsnssssssss!

The 2027 Toyota Highlander ditches its gas and hybrid powertrains and goes fully electric. The new three-row Highlander EV can travel up to 320 miles on a charge, and all-wheel-drive models produce 338 horsepower. Sales are set to begin at the end of this year, and we expect the… pic.twitter.com/7Occ2c3iQH

— Car and Driver (@CARandDRIVER) February 11, 2026

Ag87H2O said:

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aggiehawg said:

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Seems to me a few posters have predicted this result for years and years. Certainly has never been an unintended consequence as it was patently predictable.

Just an all around dumbass move on the part of the automakers.

---

It's amazing how once Biden and the Democrats were out of the way, the market spoke and the automakers abandoned ship asap.

The federal government is a terrible substitute for the free market.

---

Yet still somehow amusing when they keep trying and fall flat on their faces every time. Would be even more amusing if trillions of dollars had been run up in needless debt in pursuit of a futile folly.

aggiehawg said:

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Ag87H2O said:

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aggiehawg said:

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Seems to me a few posters have predicted this result for years and years. Certainly has never been an unintended consequence as it was patently predictable.

Just an all around dumbass move on the part of the automakers.

---

It's amazing how once Biden and the Democrats were out of the way, the market spoke and the automakers abandoned ship asap.

The federal government is a terrible substitute for the free market.

---

Yet still somehow amusing when they keep trying and fall flat on their faces every time. Would be even more amusing if trillions of dollars had been run up in needless debt in pursuit of a futile folly.

---

BMW and Volkswagen have managed to expand market with EV's especially in Europe. Nothing needs to be said about Tesla which is now the most valuable car company in the world. The problem with US manufacturers' is they thought they could simply take old vehicles and electrify them. Doesn't work. To GM"s credit they've actually designed some decent EV"s and the market has responded with growth for them.

aTm2004 said:

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Meanwhile, at Toyota…Leeeeeroooooooyyyyyy Jenkinnnnnsnssssssss!

The 2027 Toyota Highlander ditches its gas and hybrid powertrains and goes fully electric. The new three-row Highlander EV can travel up to 320 miles on a charge, and all-wheel-drive models produce 338 horsepower. Sales are set to begin at the end of this year, and we expect the… pic.twitter.com/7Occ2c3iQH

— Car and Driver (@CARandDRIVER) February 11, 2026

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320 miles on a single charge. Woo-hoo. That's horrible! And 320 is likely optimal conditions; speed, temperature, terrain, passenger and cargo load, not towing, etc

Hybrid is an excellent design. The best of both worlds.

aTm2004 said:

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Meanwhile, at Toyota…Leeeeeroooooooyyyyyy Jenkinnnnnsnssssssss!

The 2027 Toyota Highlander ditches its gas and hybrid powertrains and goes fully electric. The new three-row Highlander EV can travel up to 320 miles on a charge, and all-wheel-drive models produce 338 horsepower. Sales are set to begin at the end of this year, and we expect the… pic.twitter.com/7Occ2c3iQH

— Car and Driver (@CARandDRIVER) February 11, 2026

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Hybrid is the best if you want that, but I still would never buy one due to the expensive battery replacement after X years. I drive my vehicles until they get 150k+ miles. I'm not paying $20k every X miles because the battery craps out.

I think we ought to be promoting plug-in hybrids. They have most of the benefits of electric vehicles, but have a built-in answer to the questions "What if I don't have access to a charger?" and "What if my battery range isn't far enough?" that discourage people from buying EVs. You just fill up at a gas station like you always have.

Teslag said:

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aggiehawg said:

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Ag87H2O said:

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aggiehawg said:

---

Seems to me a few posters have predicted this result for years and years. Certainly has never been an unintended consequence as it was patently predictable.

Just an all around dumbass move on the part of the automakers.

---

It's amazing how once Biden and the Democrats were out of the way, the market spoke and the automakers abandoned ship asap.

The federal government is a terrible substitute for the free market.

---

Yet still somehow amusing when they keep trying and fall flat on their faces every time. Would be even more amusing if trillions of dollars had been run up in needless debt in pursuit of a futile folly.

---

BMW and Volkswagen have managed to expand market with EV's especially in Europe. Nothing needs to be said about Tesla which is now the most valuable car company in the world. The problem with US manufacturers' is they thought they could simply take old vehicles and electrify them. Doesn't work. To GM"s credit they've actually designed some decent EV"s and the market has responded with growth for them.

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I would only buy a Tesla if I were to buy an EV. What would be the point of these others?

Tesla has been at it the longest, has the supply chain set up and has the process in place to make repairs. No chance I would go anywhere else for an EV. Looks like the big gas autos are figuring it out

Won't get a complaint from me on that mindset.

Thunderstruck xx said:

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Hybrid is the best if you want that, but I still would never buy one due to the expensive battery replacement after X years. I drive my vehicles until they get 150k+ miles. I'm not paying $20k every X miles because the battery craps out.

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I used to think that too. Toyota, for example, has a 10 year/150k mile warranty on their battery/ hybrid systems. While your idea about hybrids was probably pretty legitimate 10-15 years ago, the replacement cost you quoted really hasn't been like that for a good number of years.

They're not for everyone for sure, and the number of miles you have to drive to recover the additional cost of buying a hybrid in the first place will take 5-10 years of ownership to achieve.

I'm also the kind to drive a vehicle into the ground. Believe it or not, sir if those Toyota hybrids are some of the better ones on the road for making it to 150k miles these days.

Where we agree is that I also move on to another vehicle after 10 years and 150k miles as a at that point, what you days suddenly becomes a very legitimate concern.

I rode in one of the Chinese BYD SUVs, Musk had every reason to be scared of them. It's an impressive ride.

Elon the one true GOAT fears nothing

So, an EV with shocks is beneficial or not?

You will have a significant problem if your car is un-aspirated.

Non-turborated then.

BonfireNerd04 said:

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I think we ought to be promoting plug-in hybrids. They have most of the benefits of electric vehicles, but have a built-in answer to the questions "What if I don't have access to a charger?" and "What if my battery range isn't far enough?" that discourage people from buying EVs. You just fill up at a gas station like you always have.

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Why does it have to plug in at all though? Just charge while you drive with gas and use the battery when appropriate. I'm pretty sure this is existing tech.

I'm not buying a road vehicle that needs to be plugged in ever.

Democrats robbed them blind.

CDUB98 said:

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You will have a significant problem if your car is un-aspirated.

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AI suggests it is a syno

An unaspirated engine, commonly known as a naturally aspirated (NA) engine, is an internal combustion engine that relies solely on atmospheric pressure to draw in air for combustion, without the use of a turbocharger or supercharger. These engines offer smooth, linear power delivery, high reliability, and lower maintenance costs due to fewer components.

I hadn't heard of engines being referred to as unaspirated but potato potato

Europe is socialist paradise. Those idiots can't get out of their own way.

Or, you know, keep driving gasoline vehicles.

Bring back steam power.

Thunderstruck xx said:

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Hybrid is the best if you want that, but I still would never buy one due to the expensive battery replacement after X years. I drive my vehicles until they get 150k+ miles. I'm not paying $20k every X miles because the battery craps out.

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Had multiple Priuses (or is it Prii) and zero battery problems. Also battery replacement was closer to 5-7k. Great cars. Also came with transferable battery warranty up to 150k miles.

And I say this as my diesel is getting a single injector replaced for nearly 3k. Third one in this truck and it's at 185k miles.

EVs are for soccer moms

techno-ag said:

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https://www.morningstar.com/news/dow-jones/202602106548/hondas-car-business-suffers-loss-as-ev-impairments-mount-2nd-update

Honda this time.

Quote:

---

The Japanese automaker booked 43.4 billion yen, or nearly $280 million, in one-time EV-related provisioning and impairments for the three months ended December. That brought the nine-month total to the equivalent of about $1.7 billion, as it booked provisions for losses and impairment on EVs sold in the U.S. and wrote down EV development assets due to lineup changes.
…
The company's EV recalibration is the latest example of automakers pulling back from EVs amid regulatory changes and lackluster demand in major markets like the U.S.

---

It was really something to see all those auto companies follow each other off the EV cliff the last couple years. How many have announced a rollback of their plans to eliminate ICE poweplants altogether?

Even Toyota has suffered reputational quality with smaller engines and hybrids across their product line.

Give us solid reliable unaspirated four, six, and yes even eight cylinder models, thank you.

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The Toyota CEO said, a few years ago, that going to full EVs was a non-starter...

He was being realistic...

Not IDEALISTIC...