Honda has been criticized for not fully jumping into the EV segment until recently with the introduction of the Clarity lineup and Accord and Insight hybrids. While Honda did introduce a Fit EV back in 2012, that model only lasted a few years, but now Honda is reportedly working on a new Fit based electric car.

2018 Honda Fit Sport Review

According to Japan’s Nikkei, Honda has teamed up with Contemporary Amperex Technology (CATL), China’s biggest battery maker to produce the new Fit based electric car. “The two companies will develop the car based on Honda’s Fit mini vehicle. The goal is to create an affordable electric car priced at slightly more than 2 million yen ($18,000) equipped with a small battery and having a relatively short range of 300km (186 miles) on a single charge.”

If the report is accurate, Honda will sell its new electric car globally with a goal to sell at least 100,000 units a year. The report also claims that production will begin in 2020. Honda has yet to make any official announcements about a new Fit based EV, but has announced that it will introduce a new electric car in Europe next year that’s based on the Urban EV concept.

Source: Electrek