Honda Motor Co Ltd (NYSE:HMC) has continued its push into sustainable vehicles with a car that can run on hydrogen and electricity.
The Car: Electric vehicle news site Electrek reviewed the Honda CR-V e:FCEV fuel cell plug-in hybrid following the Tokyo-based company’s announcement of lease costs.
The fuel cell plug-in hybrid has 29 miles of range from its electric capabilities and a hydrogen tank with 241 miles of range.
The CR-V, Honda’s compact SUV, is currently sold in gas and hybrid models (gas and electric capabilities).
How Much Does it Cost?: Honda unveiled three leasing options for drivers wanting to drive the vehicle. Monthly payments range from $389 to $489 per month over a two to six-year lease. A substantial hydrogen fuel credit is offered to drivers to pay for expensive hydrogen fueling.
Is it Practical?: Electrek’s review expressed amusement at the vehicle’s existence and skepticism that it would be practical for drivers.
Non-commercial fuel cell vehicles are almost exclusively driven in California. Honda only plans to offer 300 fuel cell hybrids in a state with 30 million vehicles.
Not many hydrogen fueling stations exist, making fuel cell vehicles impractical for some drivers. The review posed the question, “Why not just get a battery-electric car instead?”
Why it Matters: Honda’s continued experiments with fuel cell vehicles come amid an industry-wide decline in price for electric vehicles. The Tesla Model 3 now costs less than the Honda vehicle mentioned above.
Also Read: Elon Musk Could Sell At Least 100,000 New Lower-Cost Models Next Year: ‘Tesla Has Over 50% Share Of The US EV Market’
Photo: Honda CR-V e:FCEV 2025, courtesy Honda
