Honda slashes electric Fit EV lease price by a third

Newswire

DETROIT, May 30 (Reuters) - Honda Motor Co on Thursday slashed the lease price for its electric-powered Fit subcompact car by a third a week after General Motors Co set pricing for its new Chevrolet Spark EV. Consumers have been slow to gravitate toward electric vehicles (EVs) as a result of their high cost and fears about driving range, but automakers continue to develop technology because it is seen as a primary driver in meeting rising fuel-efficiency requirements globally. Electric ...

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