Sony and Honda plan to make electric vehicles together

Sony and Honda have decided to form a new company together

The company will build an electric car

The two companies have signed a memorandum of understanding that states their intent

The first model of this electric car is expected to be by 2025

Honda will manufacture the first model, with the new company handing the vehicle’s design, development, and sales

Sony set to develop a mobility service platform

“Sony’s purpose is to ‘fill the world with emotion through the power of creativity and technology,” Sony CEO Kenichiro Yoshida said

“The New Company will aim to stand at the forefront of innovation, evolution, and expansion of mobility around the world

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