Sony, Honda team up to develop and sell electric vehicles


FILE PHOTO: A Honda logo is seen on media day at the Paris auto show, in Paris, France, September 29, 2016. REUTERS/Benoit Tessier

TOKYO (Reuters) -Japan's Sony Corp and Honda Motor Co Ltd said on Friday they would pair up to develop and sell battery-powered electric vehicles, and said they were open to bringing in other partners.

The companies said in a statement they would form a joint venture this year and aim to begin selling the first model in 2025. Honda will be responsible for manufacturing the first model, while Sony will develop the mobility service platform, they said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

   

Next In Tech News

‘Like a dream’: Japanese grandpa draws in following as art YouTuber
US senators call for close look at TikTok
Not now! How to better manage your Windows updates
US gunman’s family noticed nothing amiss, but social media posts painted a darker picture
US father hunting online for minor girls got hooked by a boy fishing for paedophiles
Cisco spent a record-breaking US$50mil on Silicon Valley homelessness. Where has it gotten us?
Telecom Italia looking at network valuation of at least 25 billion euros-sources
Japan's MUFG to start buying chips to ease burden of inventory strain - Nikkei
Shopee opens five new distribution centers in Brazil - report
Wall St turns gloomy on Tesla after deliveries fall for first time in two years

Others Also Read