Sony, Honda team up to start new electric vehicle company

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Japanese corporate titans Honda and Sony are teaming up to create a new electric vehicle company with their combination of technology and auto manufacturing.

Each company will invest approximately 5 billion yen in the venture.Sony's Vision-S prototype car is photographed at the company's headquarters in Tokyo on March 4, 2022.

Honda and its luxury brand Acura are launching new certified pre-owned programs that cover vehicles up to 10 years old. The programs are an extension of the brand's current certified pre-owned programs, which cover vehicles no older than five years, but offer longer benefits. All the cars in participating dealer inventory can be browsed on the automaker'sHonda expects the new programs to appeal to young and first-time buyers who have been priced out of the new car market.

 

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