- Honda’s Prologue EV is new for 2024 and doing nicely in gross sales already.
- It was shut in gross sales to the Ford Mustang Mach-E in Q3 and even handed the Hyundai Ioniq 5 in the identical interval.Â
- Will Honda’s future EV technique have the ability to capitalize on the Prologue’s success?
It’s a must to rise up fairly early within the morning to outfox the Ford Mustang Mach-E. It is spent a number of years now as one in all America’s top-selling electrical autos that do not come from Tesla, and it took the highest non-Tesla crown this 12 months after the Chevrolet Bolt bowed out of the market. However now, and maybe unexpectedly, an unlikely competitor is gaining quick on the Mach-E: the Honda Prologue.
The latest evaluation of third-quarter U.S. electrical car gross sales knowledge from Cox Automotive has some very fascinating pattern strains. One factor that stood out to us particularly was simply how nicely the Prologue is doing in its first 12 months in the marketplace and as manufacturing actually begins to ramp up.
In response to the info, the Prologue grew to become America’s fifth best-selling EV in Q3, behind, so as, the Tesla Mannequin Y, Mannequin 3, Cybertruck and Mustang Mach-E. So for non-Tesla EV gross sales, which means the Prologue takes the silver medal. And with 12,644 Prologue gross sales in Q3, it was solely off the Mach-E’s numbers by 748 items.Â
Granted, the Mach-E will most likely maintain the non-Tesla chief standing by the 12 months’s finish as a result of it is simply been on sale in quantity for for much longer. However the truth that the Prologue is catching up so rapidly to successful just like the Mach-E says so much about how a lot folks need good electrical Hondas.Â
EV Identify | Q3 2024 Gross sales | Q3 2023 Gross sales | 12 months-To-Date (Q3 Finish) |
Tesla Mannequin Y | 86,801 | 95,539 | 284,831 |
Tesla Mannequin 3 | 58,423 | 53,251 | 131,975 |
Tesla Cybertruck | 16,692 | N/A | 28,250 |
Ford Mustang Mach-E | 13,392 | 14,842 | 35,626 |
Honda Prologue | 12,644 | N/A | 14,179 |
Hyundai Ioniq 5 | 11,590 | 11,665 | 30,318 |
I would additionally add that the Hyundai Ioniq 5 is not any gross sales slouch both, and, along with being one of many best-spec’d EVs round, appeared prefer it may probably take the non-Tesla gross sales chief place this 12 months. However now it has robust competitors too.Â
It is a good consequence for Honda’s first fashionable EV, however maybe it isn’t too shocking. American automotive patrons nonetheless are likely to equate Honda and Toyota with being “inexperienced” automotive firms since each had been such pioneers within the hybrid area (and nonetheless do very nicely sales-wise with electrified fashions.) This summer season, we featured a survey that indicated Honda and Toyota had been thought-about EV leaders within the U.S., regardless of each automakers being really reluctant to embrace full electrification.
However clearly, folks need good EVs from these manufacturers; on the months when good offers and reductions might be discovered, Toyota’s bZ4X confirmed large progress. It is a clientele that wishes reliable and dependable know-how and might be extra inclined to “inexperienced” than followers of different automotive manufacturers.Â
And the specs on the Prologue are fairly authentic. With front- or dual-motor all-wheel-drive, as much as 296 miles of vary from its 85 kWh battery and a design that does not scream “I am an electrical spaceship,” Honda’s EV crossover hits a number of candy spots for mainstream success. Honda is even throwing in a house EV charger and assist with some set up prices on the Prologue, making it type of a turnkey alternative for folks going electrical for the primary time.Â
Positive, beneath it really makes use of Common Motors’ EV platform and batteries, however I am undecided many purchasers know and even care. (And GM’s Ultium platform is robust by itself, with electrical gross sales from the American automaker displaying severe positive aspects too.)Â
Oh, and it has Apple CarPlay, not like GM’s EVs. No surprise it is doing nicely.Â
Honda
The query now’s what Honda’s electrical future will appear like. It is cleat that whereas the GM-based Prologue is in style, it is also type of a stopgap till Honda can get its in-house EV operations up and operating. That features big battery and automotive manufacturing hubs in Ohio and Canada and a novel method to EVs that goals to emphasise lighter weight, inside area and higher tech. However now we have questions on that method too, like whether or not these next-generation Honda EVs will look as on the market because the 0 Sequence Ideas that debuted at CES this 12 months, and what it means in the event that they launch with a costlier flagship sedan.
Hopefully, Honda will have the ability to ship one thing that may capitalize on the Prologue’s success. And as fascinating because the 0 Sequence fashions might be, a moderately-priced, good-range household crossover could be the confirmed play as an alternative.Â
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