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Ducky09
2022-03-06

Never too late to join the race...

Sony and Honda EV News: 7 Things to Know About the New Duo Making Electric Vehicles

Today, Sony(NYSE:SONY) and Honda(NYSE:HMC) are making some big waves in the market. Headline news th

Sony and Honda EV News: 7 Things to Know About the New Duo Making Electric Vehicles

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Dawang
·2022-03-06
yes, better late than never. need to save some dough for their new products in 2025 😂😂😂
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Both Sony and Honda traded down today along with the broader market, despite this news.This joint venture between the two iconic companies appears to be an interesting match. After all, Sony revealed its prototype EV, the Sony Vision S, way back in 2020. However, many investors had major questions, such as: Which company will actually be behind the manufacturing of this vehicle?Honda, a global powerhouse in producing passenger vehicles, is certainly a compelling choice. This top auto manufacturer already has production arrangements with General Motors(NYSE:GM) to produce a number of EVs. However, Honda’s focus on developing its own EV production may get a boost from this partnership.Sony’s creative focus, and ability to build products consumers like, certainly bring a lot to the table. Reportedly, the joint venture will be behind the development and sales of these EVs. 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