Sony, Honda EV Venture to launch 3 models before 2030

© Reuters. File photo: The Sony-Honda Mobility concept car, Afeela EV, is displayed at CES 2024, the annual consumer electronics show, in Las Vegas, Nevada, USA, January 9, 2024. REUTERS/Steve Marcus/File Photo

TOKYO (Reuters) – Japan establishes joint venture sony (NYSE:) Group and Honda (NYSE:) Motors plans to launch three electric vehicle (EV) models by the second half of 2010, Business Daily reported Wednesday.

Sony Honda Mobility will compete with Tesla (NASDAQ:) by launching a sedan in 2025, a sport utility vehicle in 2027, and a compact car in 2028 or later, Nikkei reported without citing sources. .

A Sony Honda Mobility spokesperson could not immediately be reached for comment.

The Japanese automaker is launching a technology and gaming company in 2022 to catch up with its EV rivals.

Honda aims to combine the automaker’s vehicle engineering and production experience with Sony’s software and gaming expertise for its new line of EVs, scheduled for launch in 2025.