Sony and Honda Are Launching a New Company To Make Electric Cars

Sony and Honda have formed a strategic alliance to build electric vehicles together. Announced today, the companies said that they have signed a memorandum of understanding and aim to "create a new era of mobility and mobility services."Through the joint venture, Sony and Honda will focus on the development and sales of high-value EVs. Right now, the corporations are negotiating a number of specific definitive binding agreements but plan to establish a new company within 2022."This alliance aims...