Sony And Honda Electric Cars Partnership
First EVs to go on sale in 2025, according to the Sony Honda Mobility Company announcement.
Sony revealed at the beginning of 2022 that it was looking for partners to enter the EV industry after showcasing two electric ideas.
That quest ended in early March when it decided to launch a 50:50 joint venture with Honda after finding a partner.
Then, it was simply referred to as the "New Company," and now the official name is being revealed. Sony Honda Mobility Inc. is based in Tokyo.
Sales of EVs are expected to start in 2025, the same year that mobility services from Sony and Honda will also go on sale.
While there are currently few other details, the press release does obliquely outline how the two firms' respective roles will be divided.
Utilizing Honda's cutting-edge environmental and safety technologies, mobility development capabilities, and car body production expertise will be Sony Honda Mobility Inc.
By the end of the decade, Honda wants to see sales of battery- and fuel-cell electric vehicles (EVs) represent 40% of all global annual deliveries.
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