Sony Honda Mobility to Deliver EVs in North America in 2026 — WSJ
By River Davis
Sony Group Corp. and Honda Motor Co.'s joint electric-vehicle venture will begin deliveries of its first model in North America in the first half of 2026, the company said Thursday.
Sony Honda Mobility will begin deliveries of its EV in Japan in the second half of 2026, Chief Executive Yasuhide Mizuno said at a briefing, adding that the company is considering whether or not to sell in Europe as well.
Sony Honda Mobility's vehicles will be produced at a North America plant operated by Honda, and the company will focus on using online platforms for sales, Mr. Mizuno said.
Sony and Honda earlier this year said they would form a new jointly owned company to develop EVs and services for cars. Each company said they would invest 5 billion yen, equivalent to $34 million, in the venture. Sony Honda Mobility previously said it would launch its first EV in 2025.
Write to River Davis at River.Davis@wsj.com
(END) Dow Jones Newswires
October 13, 2022 00:18 ET (04:18 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.