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Motor1
Motor1
Business
Adrian Padeanu

Sony And Honda Creating Joint Venture To Develop And Sell EVs From 2025

Sony took just about everyone by surprise at the 2020 CES when it unveiled the Vision-S as a sleek electric sedan. The Vision-S 02 SUV followed at the beginning of this year at the same show in Las Vegas. At CES in January, the Sony Mobility division was announced to explore a potential entry into the electric car segment. A few weeks later, Automotive News reported about Sony's desire to find strategic partners.

Fast forward to March 4, Sony has found a partner in Honda. The two companies have agreed to deepen discussions in regard to forming an alliance to develop and sell EVs. To make it happen, a joint venture simply called "New Company" will be created to develop and commercialize zero-emission cars. The immediate objective is to create the new… New Company before the end of the year.

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