Honda and Sony will collaborate to create a new firm to produce electric vehicles. They have agreed to sign a memorandum of agreement (a sort of pre-contract contract that says the parties to the pre-contract definitely intend to sign an actual contract very, very soon).
![Honda](https://www.cleanfuture.co.in/wp-content/uploads/2022/03/vo1avhvejhmzvckx5wh9-1024x576.jpg)
The first automobiles from the as-yet unnamed firm are projected to hit the market in 2025, which is very fast considering that creating a new car and putting it into production normally takes 5 to 7 years in the real world.
Honda will be in charge of car design, development, and sales, while Sony will create a mobility service platform. The collaboration aims to combine Honda’s skills in automotive manufacturing and marketing with Sony’s strengths in image sensors, telecommunications, and entertainment.
![](https://www.cleanfuture.co.in/wp-content/uploads/2022/03/Sony-Honda-pic.jpg)
The New Company will strive to be at the forefront of mobility innovation, development, and expansion throughout the world by taking a wide and ambitious approach to producing value that surpasses consumers’ expectations and imagination.
Although Sony and Honda have many historical and cultural commonalities, their technology competence is vastly different. As a result, this agreement, which combines the assets of these two organisations, opens up exciting possibilities for the future of mobility.
![](https://www.cleanfuture.co.in/wp-content/uploads/2022/03/dims.jpg)
Sony has been indicating its goal to enter the automobile business for some time, but this is the company’s first real move into the commercial sector.
Reference- Honda Online Newsroom, The Verge, Inside EVs, Clean Technica, SONY website