Sony and Honda are teaming up to develop and sell electric vehicles.
On Friday, 2 March 2022, Sony and Honda unveil the plan to team up to develop & high -end sell electric vehicles, mobility services, and the aim of both companies is to launch their first EV in 2025.
“In the joint venture, we would like to lead the mobility evolution by combining our technology and experience with Honda’s long experience in mobility development and vehicle body manufacturing technologies,” Sony CEO Kenichiro Yoshida said.
Honda will be responsible for the manufacture of the first electric model and Sony will be responsible for the mobility services platform said by sony CEO, on Friday.
During a news conference in Tokyo on Friday, Honda CEO Toshihiro Mibe said although he is not thinking about taking the joint venture public immediately, he would not dismiss that as among the options to grow the firm.
Sony and sony have many competitors available in the marketplace but not honda and sony beat other electric vehicles.