Sony and Honda Announce Creation of New EV Brand

We reported the news about ten days ago and it is now confirmed: Honda and Sony announced today that they have officially signed an agreement to create a joint venture dedicated to the commercialization of electric vehicles and mobility services.

The new entity, Sony Honda Mobility Inc., plans to be operational by 2025, both in offering new all-electric models and providing mobility services.

In March, the two companies announced their plans for the new brand. In early June, the partners agreed that the new company would be run as an independent, stand-alone company.

It is now done.

Here's what Honda had to say via its press release:

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