Honda Reveals More Details About Its First 100% Electric SUV, Launching In 2024
Portfolio Pulse from Benzinga Neuro
Honda (OTC:HNDAF) has unveiled its first all-electric SUV, the Honda Prologue, set to launch in 2024. The vehicle, co-developed by General Motors (NYSE:GM), is part of Honda's EV strategy for the U.S. market. The Prologue is expected to be priced in the upper $40,000s and offer an anticipated 300 miles of EPA range. It will be available in single-motor and dual-motor configurations with three trims.
September 29, 2023 | 3:44 am
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POSITIVE IMPACT
General Motors' collaboration with Honda on the development of the Honda Prologue could enhance its reputation in the EV market.
General Motors' involvement in the development of the Honda Prologue could potentially enhance its reputation and standing in the EV market, which could have a positive impact on its stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Honda's unveiling of its first all-electric SUV could boost its position in the EV market.
The launch of the Honda Prologue, Honda's first all-electric SUV, could potentially increase the company's market share in the EV market, leading to a positive impact on its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100