Sony, Honda Launch Ev Joint Venture
Two of Japan's industrial giants Sony Group and Honda Motor launched a joint venture that aims to deliver advanced electric vehicles by 2026. The new company is called Sony Honda Mobility.
Mizuno Yasuhide, Chairman and CEO of Sony Honda Mobility said "We will try to offer high-value-added products and services that overturn conventional ideas, and build new relationships with customers."
Kawanishi Izumi, President and COO of Sony Honda Mobility said the company ''will strongly promote the fusion of mobility and information technology."
The company said it will accept orders for its first EV model from 2025. It will be delivered to customers in the United States and Japan from the following year.
There is no price yet for the EV, but it is likely to be a premium model. It will be produced at one of Honda's factories in North America.
The company says it aims to change the conventional concept of vehicles as a means of transportation. It says the EV will use cutting edge technologies to offer a high level of automation and integrated software for the vehicle and the cloud.