Honda (NYSE: HMC), Sony (NYSE: SONY) Plan EV Joint Venture to Challenge Tesla Inc. (NASDAQ: TSLA)

Mar 14, 2022

Honda (NYSE: HMC) and Sony (NYSE: SONY) are coming together through a joint partnership that will see them produce electric cars together. As the demand of electric vehicles (“EVs”) continues to grow, the Japanese companies will be challenging Tesla (NASDAQ: TSLA) and other traditional automakers as well as Chinese manufacturers.

Last week, both of the companies’ corporate executives told reporters that they would test the…

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