Honda e:Ny1 Price Reduction: £8,750 Off & 0% APR (2026)

If you’ve been watching the Honda e:Ny1 from a distance, the original list price around £45,000 probably gave you pause. But Honda has just chopped up to £8,750 off the electric SUV and paired it with 0% APR finance — dropping the entry price to under £40,000.

Maximum discount on Honda e:Ny1: £8,750 · Finance APR offer: 0% APR · Start price after discount (Elegance trim): £39,995 · Offer valid until: 28 February 2026 · Previous price cut (April 2024): £5,000 · Honda EV Grant additional saving: £3,750

The e:Ny1’s specs show a solid but unspectacular EV: 256-mile range, 68.8 kWh battery, and 0-62 in 7.6 seconds.

Is the Honda e-Ny1 any good?

Performance and driving experience

• 0-62 mph in 7.6 seconds (Carwow (car buying platform))
• 204 hp electric motor (Carwow)
• WLTP range of 256 miles (Carwow)

The e:Ny1 drives like a typical Honda — composed, refined, but not particularly sporty. The 68.8 kWh battery delivers enough range for most weekly commutes, though charging speed lags some rivals.

Interior quality and tech

• Sustainable materials used throughout cabin (Electrifying.com)
• Two trim levels: Elegance and Advance (Electrifying.com)
• Infotainment system with 15.1-inch touchscreen

Honda’s interior quality remains a strong point, with a clean dashboard and decent material choices. The infotainment system is responsive, though some physical shortcut buttons would be welcome.

Value for money after price cut

At £39,995 after discount, the Elegance trim undercuts many rivals. Electrifying.com (UK EV specialist) notes that the combination of £5,000 deposit contribution and £3,750 EV-grant equivalent brings the price down significantly. But the car still exceeds the £40,000 threshold, attracting the expensive car supplement on road tax from year two to six (Carwow).

Is the Honda e:Ny1 being discontinued?

Official announcement from Honda

Honda UK confirmed the e:Ny1 will be taken off sale in the UK from late 2025. GB News (British news outlet) reported that the model is being discontinued as part of a broader strategic shift. The decision follows weak sales relative to Honda’s expectations.

Reasons for discontinuation

• Sales underperformed against targets
• Honda is restructuring its EV lineup globally
• Focused on a new compact EV platform for 2026

Automotive World (industry publication) notes that Honda’s global EV pivot includes cancelling some US-bound models and consolidating resources.

Impact on UK buyers

Existing owners and future buyers of remaining stock will still get full warranty support. Parts availability is expected to continue for years. Buying now means snapping up a new car that will effectively become a low-volume collectible of sorts.

How does the e:Ny1 compare to other EVs?

Five models, one pattern: the e:Ny1 after discount undercuts the Kia Niro EV and Hyundai Kona Electric on price, but charges slower.

vs. MG4 EV

The e:Ny1 is more expensive even after discount, but offers a more premium interior and longer range. The MG4 is the value champion for budget-focused buyers.

vs. Kia Niro EV

The Niro EV offers longer range (285 miles) and faster charging for only slightly less money. However, the e:Ny1’s 0% APR finance reduces monthly costs significantly.

vs. Hyundai Kona Electric

The Kona has similar range and price, but Honda’s discount makes the e:Ny1 cheaper upfront. The Kona charges faster.

Is Honda abandoning EV?

Honda’s global EV strategy

Honda is not abandoning electric vehicles, but it is recalibrating. The company cancelled plans for a US-based EV platform and is instead pushing ahead with a new compact EV architecture for 2026. GB News (British news outlet) states that the brand remains committed to an all-electric future, but is focusing on profitable segments.

UK market pivot

The e:Ny1’s discontinuation in the UK is part of this global restructuring. Honda will replace it with a new compact EV that is expected to offer better margins and stronger consumer appeal. Electrifying.com (UK EV specialist) reports that the new model is likely to be built on a dedicated EV platform.

Future Honda EVs planned

• New compact EV due in 2026
• Prologue (US market) – sales weak but continuing
• Expansion of hybrid lineup alongside EV programme

The pattern: Honda is not quitting EVs; it’s cutting loss-making models and doubling down on more promising platforms. The e:Ny1’s price cut is a clearance sale, not a fire sale of the whole EV division.

What discounts are available on the Honda e:Ny1?

Current £8,750 discount offer

Honda is offering up to £8,750 off the e:Ny1 when purchased through PCP or HP finance. The deal runs from 1 December 2025 to 28 February 2026. Electrifying.com (UK EV specialist) explains the breakdown: £5,000 deposit contribution + £3,750 EV-grant equivalent.

0% APR PCP and HP finance

On top of the cash discount, Honda offers 0% APR representative on all e:Ny1 finance deals. GB News (British news outlet) confirms this applies to both Elegance and Advance trims.

Honda EV Grant additional £3,750

The £3,750 element is described as an EV grant-equivalent — effectively Honda using its own budget to replace the UK government’s cancelled Plug-in Car Grant. Electrifying.com notes that this makes the e:Ny1 one of the most aggressively discounted EVs on the market.

Honda e:Ny1 specifications

Nine key specs, one standout: the battery capacity of 68.8 kWh delivers a respectable 256-mile range, but charging tops out at 78 kW.

The implication: the e:Ny1’s charging speed is its weakest link, making it better suited for home charging than rapid motorway stops.

Pros and cons of the Honda e:Ny1

For cash buyers, the biggest downside is the finance-tied discount; the trade-off is a strong cabin and low monthly payments.

Timeline of Honda e:Ny1 price reductions

• April 2024: Honda cuts e:Ny1 price by £5,000 (Electrifying.com)
• Late 2025: Honda announces e:Ny1 discontinuation in UK (GB News)
• 1 December 2025: £8,750 discount and 0% APR offer begins (Automotive World)
• 28 February 2026: Discounted offer ends

The pattern: each step accelerates the model’s exit, with the deepest discount reserved for the final months.

What we know and what’s still unclear

Confirmed facts

• £8,750 discount and 0% APR available until 28 Feb 2026 (Electrifying.com)
• e:Ny1 discontinued in UK from late 2025 (GB News)
• Two trims: Elegance and Advance (Electrifying.com)
• Range of 256 miles (WLTP) (Carwow)
• Battery size 68.8 kWh (Carwow)

What’s unclear

• Exact launch date of Honda’s new compact EV (Electrifying.com)
• Whether remaining stock will see further price drops after offer ends
• Long-term resale values given discontinuation

Even with known data, the biggest unknown is how quickly the used market will absorb discontinued models.

Expert perspectives

“This is a genuine clearance-level discount on a car that cost nearly £45,000 not long ago. Combined with 0% APR, it makes the e:Ny1 a surprisingly affordable buy for anyone who wants a Honda badge and an electric powertrain.”

– Honda UK spokesperson (Electrifying.com)

“Honda’s price cut reflects the reality of the UK EV market — early adopters have been served, and now manufacturers need to compete on value. The e:Ny1 is a decent car that was just priced too high. At £8,750 off, it’s now in the conversation.”

– Nicki Shield, automotive analyst at Electrifying.com (Electrifying.com)

“Buyers should be aware of the expensive car supplement on the road tax — because the e:Ny1’s list price is just over £40,000, you’ll pay an extra £410 per year from years two to six. That eats into the saving.”

– Carwow expert (Carwow)

Summary: what the Honda e:Ny1 price cut means

The £8,750 discount transforms the e:Ny1 from a also-ran into a genuine budget contender in the UK electric SUV segment. The combination of a low monthly payment thanks to 0% APR and a well-built, comfortable cabin makes it a compelling short-term buy — but only if you can live with the slow charging and the fact that the model won’t be on sale much longer. For UK buyers who want a new Honda EV under £40,000, the choice is clear: act before the offer ends on 28 February 2026, or wait for the new compact EV that may not arrive until late 2026.

For another detailed breakdown of the same model, check out this coverage of the Honda e:Ny1 price reduction 2025 that shows how the discounts stack up across different trim levels.

Frequently asked questions