Sony Honda Mobility

History

2022: Creation of a company

March 4, 2022 the Japanese Sony Honda and announced the creation of a company for joint development. electric vehicles The launch of its first electric car as part of the Sony Honda Mobility project is scheduled for 2025.

Sony and Honda signed a basic agreement to create a strategic mobility alliance on March 4, 2022. Under the terms of the agreement, Honda will share with Sony its experience in the development, production and maintenance of cars, and Sony will contribute to the platform with updated technologies in the field of electronics, network and multimedia technologies. Production will be established at Honda facilities, but where and in what volumes is still unknown. The amount of investment in this project is also not reported.

Sony and Honda formed a company to jointly develop electric vehicles

Although Sony and Honda are companies with many historical and cultural features in common, our areas of technological expertise are very different. Therefore, I believe that this alliance, combining the strengths of our two companies, also opens up great opportunities for further cooperation between the two companies. This step could be one of the measures aimed at achieving Europe's goal of becoming the world's first continent with zero greenhouse gas emissions by 2035, said Honda CEO Toshihiro Mibe.

The joint venture between Sony and Honda is expected to plan, design, develop and sell electric vehicles, but will not own and manage production capacity, CNN reports. Thus, companies are extremely serious and will try to create a product that is not inferior in quality and characteristics to Tesla cars, the channel notes.^[1]

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