Sony and Honda plan joint electric vehicle firm
Sony is teaming up with automaker Honda to start a new company that will develop and sell electric vehicles, as the Japanese tech and electronics giant leaps into the rapidly growing sector.
Major global carmakers are increasingly prioritising electric and hybrid vehicles as concern about climate change grows.
Sony Group said Friday the two Japanese names hope to establish their firm by the end of this year with sales of their first electric model expected to begin in 2025.
The announcement comes on the heels of Sony’s January unveiling of a new prototype, its Vision-S electric vehicle, and the announcement of a new subsidiary Sony Mobility to explore entering the EV market.
