Sony and Honda team up to develop and sell EV cars
Sony and Honda's EV venture is of great interest in the automotive industry. The new company will be established in 2022.
March 4, 2022, Tokyo, Japan – Sony Group and Honda Motor announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. Specifically, the two companies intend to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.
The companies said in a statement they would form a new company this year and aim to begin selling the first model in 2025. Honda will be responsible for manufacturing the first model, while Sony will develop the mobility service platform.
