Japan's Sony Corp and Honda Motor Co Ltd said on Friday they would pair up to develop and sell battery-powered electric vehicles, and said they were open to bringing in other partners.
said on Friday they would pair up to develop and sell battery-powered electric vehicles, and said they were open to bringing in other partners.
During a news conference in Tokyo on Friday, Honda CEO Toshihiro Mibe said although he is not thinking about taking the joint venture public immediately, he would not dismiss that as among the options to grow the firm. The announcement comes as the electronics maker was seeking to further its ambitions to become a key player in next-generation automobiles, while automakers like Honda are under pressure to make carbon-free cars as well as vehicles equipped with features beyond traditional means of transportation.
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