Honda & Sony partner up to build electric vehicles

They aim to launch their first electric car in 2025.

Japanese giants Honda Motor Co. Ltd and Sony Corp. have announced that they will join hands to develop and sell battery-electric vehicles. Both companies recently held a joint conference stating that they will start a joint venture this year. They aim to launch their first electric car in 2025.

As per reports, Honda and Sony will design, develop and sell electric cars under the new joint venture. However, Honda will be responsible for manufacturing the vehicle at its own plant. On the other hand, Sony will develop the ‘mobility service’ platform for the car.

Kenichiro Yoshida, CEO of Sony had previously announced that they plan to create a new company, called Sony Mobility, to explore the commercial launch of electric vehicles. The tech giant also unveiled its Vision-S02 concept earlier this year.

Honda has also been working towards electrifying its lineup. The carmaker has already announced a shift to becoming an EV-only brand by 2040.

Source: CNBC