Tokyo, March 25, 2026 (AFP) - Honda, Sony halt joint EV development project

NAMPA / AFP

2026-03-25

Honda and Sony said Wednesday they will put their electric-vehicle project on hold as they assess its future in a changing global market. Sony Honda Mobility (SHM), a joint venture set up in 2022, will "discontinue the development and launch of its first model, AFEELA1, and its second model", the Japanese firms said in a statement. The statement pointed to "Honda's reassessment of its automobile electrification strategy" and said the assumptions......

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