Honda and Sony Will Jointly Produce an Electric Vehicle
With the advent of electric vehicles, and the technology that goes with them, we're seeing electronics companies reaching ever further into the automotive world. We’re in early days still of this movement, but it looks sure to gain momentum over the next few years and into the next decade.
The clearest indication of that is that Sony is moving forward hand-in-hand with another Japanese firm, car manufacturer Honda.Photo: Sony The Sony Vision-S SUV concept This past March, the two firms announced their intention to create a joint venture to build electric vehicles. Today, they confirmed that that venture will be run as an independent, stand-alone company.
Although he mentioned that the joint venture could be the subject of an initial public offering to issue shares, Kenichiro Yoshida did not elaborate on that possibility.
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