I will repost my response from the Misc. News thread:
The Afeela was already outdated even when announced.
$90K USD, 300 mile range, 480 hp
The specs were not competitive with Model 3 (especially price)
You would have to really want to play Playstation in your car to have wanted the Afeela
Does Honda have a place in an electric future? Their specialty is small displacement internal combustion engines. lawnmowers, generators, motorcycles and cars under 3.0L. How many of these are not threatened by electric power? Can you expect a basketball player to excel at hockey?
Going back to my other post earlier this week, the "China speed" effect in EVs turned the entire industry upside down.
The Afeela was first shown in 2023. Back then, it was just a concept.
Normally 3 years to take a concept to reality would be a well run program.
However, "China speed" turned that concept (and the other Honda EVs) into a massive financial loss of $16b in that time instead.
What's crazy is that Chinese EVs aren't even available in the US, the Afeela wouldn't have needed to compete with them. However, the internet has pushed people to completely change their expectations on EVs. In Canada, it went as far as influencing policy as the majority of Canadians were more interested in affordable EVs than industry protectionism.
Some additional speculation...
The green light for production for such an underwhelming car (pre production models were built and the showroom open) begs the question, is this the best the Japanese could produce? Two hallowed Japanese brands, Sony and Honda, with a strong technical history, but they were okay with this? The only rationale is that Honda did not want to be left out of the (then) burgeoning EV market, but it was the best they could do.