Sony, Honda join hands for new EV company


Tokyo, Jun 17 (IANS): Tech giant Sony and automaker Honda have joined hands to establish a new company that will engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility.

The new company, which is named Sony Honda Mobility, will aim to bring together the expertise of Honda and Sony.

"Based on our vision to 'make the mobility space an emotional one', Sony's initiatives in the mobility business are centred around the three areas of safety, entertainment and adaptability," Kenichiro Yoshida, Representative Corporate Executive Officer, Chairman, President and CEO, Sony Group Corporation, said in a statement.

"As we continue our learnings in these areas, we are excited to have met a partner, Honda, with extensive global achievements and knowledge, and to sign the joint venture agreement between the two companies," Yoshida added.

The new company will have Honda's cutting-edge environmental and safety technologies, mobility development capabilities, vehicle body manufacturing technology and after-sales service management experience.

It will also have Sony's expertise in the development and application of imaging, sensing, telecommunication, network and entertainment technology.

"At the new company, we will strive to create new value through the fusion brought about by the combination of our different industries, so please look forward to future developments," said Toshihiro Mibe, Director, President, Representative Executive Officer and CEO, Honda Motor Co., Ltd.

Sony and Honda plan to establish the new company within 2022 and to begin the sale of EVs and provision of services for mobility in 2025.

 

  

Top Stories


Leave a Comment

Title: Sony, Honda join hands for new EV company



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.