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Sony says to establish new electric vehicle company

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Sony says to establish new electric vehicle company
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TOKYO : Japan's Sony Group will establish a new company for electric vehicles this spring, its chairman said, becoming the latest tech giant to enter the fast-growing market.Shares of Sony jumped more than 4per cent on the announcement. (Reporting by Shinji Kitamura; Editing by David Dolan)

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Hmmmm okay lets see what they can do...

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