Sony, Honda Form New Company To Build, Sell High-End EVs | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices

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Sony, Honda Form New Company To Build, Sell High-End EVs | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
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Sony and Honda announce a standalone company that will make high-end EVs. Sony Honda EV CarGuidePH

Electronics giant Sony and Japanese carmaker Honda have announced the formation of a new company that will engage in the mobility business. The new company, Sony Honda Mobility, Inc., will sell “high-end value-added electric vehicles” and provide services for mobility.

The company, with a capital of 10 billion yen, will be owned equally by Sony Group Corporation and Honda Motor Company. It will be headquartered in Tokyo, Japan.

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