Honda US EV Pullback Leaves Sony's Electric Sedan Hanging [Yahoo! Finance]
Sony Group Corporation American Depositary Shares (SONY)
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Source: Yahoo! Finance
Honda 's decision to cancel three upcoming EVs that were just months away from the start of production in the US— the 0 SUV, 0 Sedan and Acura RSX —has sent shockwaves through the industry, and there might be some aftershocks as well. Remember the Sony Honda Mobility (SHM) joint venture between Sony Group Corporation and Honda Motor Company established in 2022 to produce battery electric vehicles under the Afeela brand? Well, in light of Honda's recent EV pullback, the fate of the tech-laden Afeela 1 electric sedan, which entered the pre-production phase in August 2025 at Honda's East Liberty factory in Ohio, is now hanging in the balance. Sony and Honda to Discuss How This Affects Their Joint Venture Sony Honda Mobility · Sony Honda Mobility In a statement provided to The Drive by Sony Honda Mobility, PR director Akiko Itoga said the joint venture company is aware of Honda's decision, adding that both parent companies will hold discussions on how this affects the Afeela pr
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SONY
Earnings
- 2/6/26 - Beat
SONY
Sec Filings
- 3/25/26 - Form 6-K
- 3/25/26 - Form 6-K
- 3/18/26 - Form 3
- SONY's page on the SEC website