Japan’s Sony, Honda joining forces to develop and sell EVs
The two companies said in a statement their decision to form a strategic alliance to develop and sell electric vehicles this year.
The two companies recently signed a memorandum of understanding with focus on EVs.
As part of this joint agreement, Honda will be responsible for manufacturing the first model, while Sony will develop the mobility service platform, they said.
The two companies have also announced that their first jointly developed electric car will hit the markets by 2025.
