Sony, Honda to join hands in EV business as demand grows

Sony Group Corp. and Honda Motor Co. said Friday they have agreed to jointly produce electric vehicles as development of next-generation cars is becoming more complex, blurring boundaries between the electronics and auto industries.The Japanese companies said they will set up a new company later this year and start selling EVs in 2025. The battery-powered vehicles will initially be manufactured at a Honda factory.The announcement comes after Sony said it was considering entering the EV business at January's press preview ahead of the annual Consumer Electronics Show in Las Vegas. It also un…READ FULL ARTICLE