Sony-Honda joint venture scraps EV plans after Honda strategy overhaul

Honda

Sony Honda Mobility , the joint venture between Japanese electronics giant Sony and ⁠automaker Honda , on Wednesday said it would stop developing its Afeela electric ​vehicles, citing ​Honda's strategy reassessment for ​EVs. The move follows Honda's move to overhaul its EV business for which the carmaker flagged a writedown of as much ⁠as ‌2.5 trillion yen ($15.7 billion) earlier this month. ⁠The JV said the decision left it without a viable path to bring the Afeela models to market. Sony Honda

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Sony-Honda JV scraps Afeela EV plans after Honda strategy overhaul https://www.channelnewsasia.com/ - 25.03.2026 13:21

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Sony-Honda JV scraps Afeela EV plans after Honda strategy overhaul https://www.channelnewsasia.com/ - 25.03.2026 13:21