Honda ’Lacks Confidence’ in Electric-Car Demand

Honda Motor Co. remains skeptical about demand for electric cars 10 years after it stopped selling its EV Plus battery-powered model, the head of research at Japan’s second-largest carmaker said.

“We lack confidence” in the electric-vehicle business, Tomohiko Kawanabe, president of Honda’s research and development unit, said in an interview in Wako City, northwest of Tokyo. “It’s questionable whether consumers will accept the annoyances of limited driving range and having to spend time charging them.”