Sony and Honda team up to develop electric cars with goal of sales beginning in 2025

Kenichiro Yoshida, Chairman, President and CEO of Sony Group Company, speaks as he introduces the Eyesight-S 02, an SUV prototype automobile, as the Eyesight-S 01, announced in 2020, is on screen all through a Sony press event for CES 2022 at the Mandalay Bay Conference Centre on January 4, 2022 in Las Vegas, Nevada.

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Japanese electronics giant Sony and carmaker Honda have designed a joint venture to make and market electrical vehicles, the organizations claimed Friday.

Sony and Honda purpose to establish a new corporation this yr and get started sales of their initially car or truck in 2025.

The new corporation will design, produce and provide electrical vehicles but not own or work producing services. With its yrs-extensive know-how in automobile producing, Honda will be dependable for producing the automobile at its individual plants. Sony will develop the “mobility service system” for the car or truck.

It’s unclear what that could possibly glance like at this stage, but Sony is a critical provider of image sensors for smartphones and is significantly coming up with these chips for vehicles. Sony is also a main gaming participant with its PlayStation division.

Sony reported in January that it will established up a business called Sony Mobility to take a look at entry into the electric powered automobile market place. The company also took the wraps off a prototype sport utility motor vehicle called the Vision-S 02.

Honda meanwhile has been transitioning to grow to be an electrical auto firm. The Japanese automaker mentioned it would stage out gasoline-powered autos by 2040. Honda at present has a joint enterprise with Common Motors to create new electric motor vehicles.

The Sony and Honda venture marks an additional case in point of technology corporations leaping into the vehicle sector and carmakers looking to boost their technological capabilities.

Chinese technologies organizations Baidu and Xiaomi have the two fashioned electric vehicle organizations though a report previous yr prompt Apple is ramping up its efforts in self-driving vehicles.