Sony and Honda’s EV partnership to advance as a separate joint venture

Sony

established three months agoElectric vehicle business partnershipSony and Honda, who now share some views on where the matter is moving forward. Sony CEO Kenichiro Yoshida recently acceptedNikkei“In the long run, both parties believe it would be a better choice to make the joint venture independent than under Sony or Honda,” he said in the interview. He gave no further details, but said the two companies were “probable.” Some stakes in joint ventures or initial public offerings may be sold. “I hope to talk about this in the near future,” Mr. Yoshida said.

At the signing of the memorandum of understanding in March, Sony and Honda aimed to jointly develop and sell “high value-added” electric vehicles in a joint venture and commercialize them in combination with mobility services. In this cooperation, Honda will provide “mobility development capabilities, body manufacturing technology and after-sales service management experience”, while Sony will be responsible for “development and application of imaging, sensing, communication, networking and entertainment technologies”. The current intention of the two parties is to set up the new company within 2022 and start selling the first electric vehicle in 2025.

Honda announced last year that it would 2040 The plan to completely switch to the electric car model years ago, and confirmed that it will introduce electric cars and related software technology in the next ten years.Invest 5 trillion yen, and to launch 30 new electric vehicles by 2030. I don’t know if it is in the original plan to join forces with Sony, but in any case, their action to promote the tram is already relatively slow in the industry. Sony is very optimistic about the development of automotive technology, “Mobility is becoming more like a service, and we hope to contribute to the development of mobility by providing basic technology with network functions.”

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