Going through the motions? National Geographic can't help but notice in its breakdown of the...
Sep 28 2012, 13:57 ET
Going through the motions? National Geographic can't help but notice in its breakdown of the electric vehicle market that Honda (HMC -2.8%) is a timid player with only 1,100 Fit EVs planned for production over the next three years. Critics call the model a "compliance car" aimed at satisfying mandates in California sitting over the industry, but after seeing Nissan (NSANY.OB) struggle to gain any meaningful return off of its $5.6B bet on EVs it's an admonishment that Honda investors can probably live with.