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Sony, Honda be a part of arms for brand spanking new EV firm

Tech big Sony and automaker Honda have joined arms to arrange a brand new firm that can have interaction within the sale of excessive worth added electrical automobiles (EVs) and providers for mobility. The identify of the brand new firm is Sony Honda Mobility. It is going to purpose to deliver collectively the experience of Honda and Sony. Sony Group Company’s consultant company govt officer, chairman, president and CEO, Kenichiro Yoshida, mentioned in a press release, “Based on our vision of emoting the mobility space, Sony’s initiatives in the mobility business are based on the three lines of security, entertainment and adaptability. areas centered around.” “As we continue our learning in these areas, we are excited to meet Honda, a partner with extensive global achievements and knowledge, and to sign the joint venture agreement between the two companies,” Yoshida mentioned.

The brand new firm could have Honda’s cutting-edge environmental and security applied sciences, mobility improvement capabilities, automobile physique manufacturing expertise and after-sales service administration expertise. It is going to additionally characteristic Sony’s experience within the improvement and software of imaging, sensing, telecommunications, community and leisure expertise. Toshihiro Mibe, Director, President, Consultant Govt Officer and CEO, Honda Motor Co., Ltd., mentioned, “At the new company, we will strive to create new value through the fusion brought about by the combination of our different industries, so please feel free to grow in the future. look forward for.” Sony and Honda plan to arrange the brand new firm inside 2022 and begin the availability of providers for EV gross sales and mobility in 2025.

(With inputs from IANS)

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