Honda said the prototype model shown in February was "95% production ready." That will certainly please the crowd expected to pay a premium price for a luxury good. Autocar wrote "a ballpark figure is £35,000" ($45,500) for the Honda E. That will get more than 98 horsepower and 221 pound-feet of torque from the rear-mounted electric motor driving the rear wheels, and about 125 miles of range on the WLTP cycle from a battery expected to come in around 30 kWh.
We're not sure if Autocar's estimated price includes the £3,500 Plug-In Car Grant offered by the UK government. Assuming it doesn't, that would drop the price to £31,500 before destination, or just under $41,000. A Tesla Model 3 in Standard Range Plus trim costs £38,900 in the UK, after subtracting the grant and adding the £850 destination charge, and it returns 329 miles of range on the WLTP cycle.
The Honda E marks a new effort in the carmaker's Electric Vision strategy for Europe. The initiative aims to have all Hondas in Europe get some form of electrified powertrain by 2025. The next-generation Honda Jazz — our Honda Fit — joins that party soon, by adopting the i-MMD dual-motor hybrid powertrain from the European CR-V Hybrid as an option. The new Jazz makes its debut at the Tokyo Motor Show in October.