UTSUNOMIYA, Japan — Many automakers are betting on sedans and SUVs in the switch to electric cars. And Tesla is only now realizing that it needs a cheaper, smaller hatchback for overseas markets. But Honda already has that car, deciding smaller is better for its first-ever all-battery EV.
The Honda e was released in Europe earlier this month. It's an upscale, compact model meant solely for city driving. That contrasts with Tesla, whose Model 3 sedan dominates the battery EV market, and others such as Audi AG and Hyundai that are focusing more on SUVs with long driving ranges.