Sony to establish new electric vehicle company this year

Sony to establish new electric vehicle company this year

Sony's chairman and president, Kenichiro Yoshida, made the comment at the CES technology conference in the United States that was streamed online.

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Sony has already announced a prototype vehicle that is being tested on public roads.Sony has already announced a prototype vehicle that is being tested on public roads.
Reuters
  • Jan 5, 2022,
  • Updated Jan 5, 2022 8:36 AM IST

Japan's Sony Group  will establish a new company for electric vehicles this spring, its chairman said, becoming the latest tech company to beef up its ambitions in the fast-growing market.

Sony's chairman and president, Kenichiro Yoshida, made the comment at the CES technology conference in the United States that was streamed online.

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He said that it would launch the new company, Sony Mobility Inc., in the spring of 2022, through which it intends to explore entry into the electric vehicle market.

Sony has already announced a prototype vehicle that is being tested on public roads.

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Japan's Sony Group  will establish a new company for electric vehicles this spring, its chairman said, becoming the latest tech company to beef up its ambitions in the fast-growing market.

Sony's chairman and president, Kenichiro Yoshida, made the comment at the CES technology conference in the United States that was streamed online.

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He said that it would launch the new company, Sony Mobility Inc., in the spring of 2022, through which it intends to explore entry into the electric vehicle market.

Sony has already announced a prototype vehicle that is being tested on public roads.

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

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