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☆ Sony Honda Mobility could procure EV batteries from US, president says
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: 1 min

[1/4] Sony Honda Mobility's President Izumi Kawanishi poses during the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Oct 25 (Reuters) - Sony (6758.T) and Honda's (7267.T) automotive joint venture could procure batteries for its new Afeela electric vehicle from the United States where Honda is building a factory, the president of Sony Honda Mobility told Reuters on Wednesday. Izumi Kawanishi made the comment on the sidelines of the Japan Mobility Show in Tokyo, which opened to the press a day ahead of its official opening. Reporting by Daniel Leussink; editing by David DolanOur Standards: The Thomson Reuters Trust Principles.

Persons: Izumi Kawanishi, Issei Kato, Daniel Leussink, David Dolan Organizations: Sony Honda, Japan, REUTERS, Rights, Sony, Honda, Sony Honda Mobility, Reuters, Thomson Locations: Tokyo, Japan, United States

☆ Japan signed a critical minerals deal with the U.S. — but it's still losing the global EV race
▼ + stars: | 2023-06-20 | by ( Audrey Wan | ) www.cnbc.com time to read: +4 min

Tokyo in March signed the U.S.-Japan Critical Minerals Agreement, securing both countries' commitment to strengthen supply chains and promote EV battery technologies. Notably, the deal allows minerals from Japan to meet sourcing requirements for U.S. electric vehicle tax credits, unlocking up to $7,500 per vehicle. The critical minerals agreement was "negotiated in warp-speed time" when similar deals "usually take years," David Boling, Eurasia Group director for Japan and Asian trade, told CNBC. Hybrid EVs still account for 96.8% of new EV sales in the country, according to the Japan Automobile Dealers Association. EV supply chain strainJapan depends on China for critical minerals essential to the production of EV components.

Persons: Yasuhide Mizuno, Kiyoshi Ota, David Boling, Boling, Eurasia's, BEV, China's, Kristin Vekasi Organizations: Sony Honda Mobility, Sony, Bloomberg, Getty, Japan, U.S, U.S ., EV, Eurasia Group, CNBC, U.S . Trade, Honda, Toyota, Nissan, Japan Automobile Dealers Association, International Energy Agency, Argonne National Laboratory, IEA, University of Maine, Hitachi Metals, Nikkei Locations: Tokyo, Japan, U.S, China, Nikkei Asia

There were new twists on foldable devices, cars that changed colors and smart ovens that live streamed dinners. Patrick T. Fallon/AFP/Getty ImagesBMW unveiled a wild color-changing concept car with 260 e-panels that can change up to 32 colors. During a demo, different parts of the car, including the wheel covers, flashed in varying hues and swirls of colors. A new look for foldable phonesSamsung's Flex Hybrid Display concept folds and slides SamsungSome companies offered a new twist on the foldable phone concept. The lock, which will cost $300, will be available for purchase late this spring, according to a company press release.

☆ Sony Honda Mobility weighs future IPO for electric vehicle joint venture
▼ + stars: | 2023-01-05 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +2 min

Jan 5 (Reuters) - Sony and Honda's year-old electric vehicle joint venture is in early discussions about a potential stock offering as a way to raise cash, the chairman of Sony Honda Mobility said on Thursday. Honda Chief Executive Toshihiro Mibe said in March that while he was not thinking about taking the joint venture public immediately, he would not dismiss that as an option to expand the firm. Sony Honda Mobility plans a global roll-out that includes Europe, parts of Asia and the Middle East, he added. Sony Honda Mobility also is contemplating selling the vehicle in China, which Mizuno described as an attractive but intensely competitive market for electric vehicles. The joint venture is discussing how to service the vehicles.

☆ Sony's new "Afeela" electric vehicle with Honda to use Qualcomm tech, companies say
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: 1 min

Jan 4 (Reuters) - Sony and Honda's electric vehicle joint venture will work closely with U.S. firm Qualcomm Inc (QCOM.O) on the new "Afeela" cars, the chief executive of Sony Honda Mobility, Yasuhide Mizuno, told the CES 2023 technology trade show in Las Vegas on Wednesday. Qualcomm CEO Cristiano Amon, who also appeared at the CES presentation, said the car would use Qualcomm's "Snapdragon" digital chassis. The venture between Sony Group Corp (6758.T) and Honda Motor Co Ltd (7267.T) aims to deliver its first electric vehicles by early 2026 in North America. Reporting by Kiyoshi Takenaka; Writing by David Dolan Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.

☆ Sony, Honda roll out prototype of 'Afeela' EV that will use Qualcomm tech
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: +1 min

Jan 4 (Reuters) - Japan's Sony (6758.T) on Wednesday unveiled a prototype of the new "Afeela" electric vehicles it will build together with Honda (7267.T), using digital chassis from hardware maker Qualcomm Inc (QCOM.O). The Afeela, which sported rounded corners and a sleek black roof, will use more than 40 sensors, Yashuhide Mizuno, the chief executive of Sony Honda Mobility, told the trade show. It will also use the "Unreal Engine" 3-D creation tool from Epic Games, the maker of the "Fortnite" series of games. Qualcomm CEO Cristiano Amon, who also appeared at the CES presentation, said the car would use Qualcomm's "Snapdragon" digital chassis. The venture between Sony Group Corp and Honda Motor Co Ltd aims to deliver its first electric vehicles by early 2026 in North America.

Automakers from Sony Honda to Hyundai are introducing ways at the CES 2023 technology trade show this week to reshape the in-car entertainment experience, including offering video games during the rides. "This is a field which can be deployed very quickly," Dirk Hilgenberg, head of Volkswagen AG's (VOWG_p.DE) CARIAD software unit, told Reuters at CES. In December, Tesla issued a "holiday update" to its software to add access to 1,000 PC games through the Steam platform. Still, these are features that consumers are demanding, so VW is at CES seeking partnerships. "We will see the content ... which is provided by software enabled functionality will be a decisive factor for buying."

☆ Sony and Honda reveal the name of their car brand, Afeela
▼ + stars: | 2023-01-04 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Sony and Honda, which announced a joint venture last year to develop and build electric cars, have revealed the name of their new car brand. At a presentation during the Consumer Electronics Show, Sony Honda Mobility chief executive Yasuhide Mizuno revealed a prototype of the company’s first car, which looked like a mid-sized sedan, but he revealed little detail about it. The car will have safety and driver assistance systems from Honda along with entrainment and interactive features from Sony, Mizuno said. It will allow the vehicle to show information and interact with people outside the vehicle, Mizuno said. Unreal Engine’s technology has also been used by other auto brands including General Motors, which used the technology in the Hummer EV.

Sony Honda Mobility said on Thursday it was aiming to deliver the first of the unnamed EV by 2026, starting in the United States, and will sell them online. Honda has about 1,100 Honda dealers and 270 Acura dealers. "I get teaming up with Sony, but it should be done in conjunction with the dealer network, not outside it," he added. Sony Honda officials promised the vehicle - to be built at one of Honda's Ohio plants - will include advanced driver-assist features and a new software system developed by Sony that offers cloud-connected services that generate recurring revenue. Sony Honda officials declined to say under what brand the vehicle will be sold.

☆ Sony and Honda plan to start U.S. deliveries of their electric vehicle in 2026
▼ + stars: | 2022-10-14 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +1 min

Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. The Sony -Honda joint venture focused on electric vehicles plans to begin deliveries to the United States and Japan in 2026. Sony Honda Mobility, as it's known, aims to start taking pre-orders for its vehicle in the first half of 2025, and hopes to start sales before the end of that year. "For sales, SHM plans to focus on online sales," a statement released Thursday said. U.S. deliveries are slated to start in the spring of 2026, with deliveries to the Japanese market happening in the latter half of the same year.

TOKYO, Oct 13 (Reuters) - A joint venture set up by Japan's Sony Group Corp (6758.T) and Honda Motor (7267.T) is aiming to deliver its first electric vehicles by 2026 and will sell them online, starting in the United States and Japan. The update from the joint venture, Sony Honda Mobility, is the first since the two companies launched the project in June. Sony will provide the software system for the new car, from the onboard controllers to cloud-based services that will connect with entertainment and payment systems. The still-to-be named EV will likely be manufactured by Honda at one of its plants in Ohio. The new EV will be delivered to the Japanese market in the second half of 2026.

☆ Sony, Honda mobility venture to deliver new EV to U.S. in spring of 2026
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Oct 13 (Reuters) - A joint venture set up by Japan's Sony Group Corp (6758.T) and Honda Motor (7267.T) will deliver electric vehicles (EV) to the U.S. market in the spring of 2026, a top executive said on Thursday. The new EV will be delivered to the Japanese market in the second half of 2026, said Yasuhide Mizuno, the joint venture's chairman and chief executive, and a senior Honda executive. The two companies officially agreed to the equally owned joint venture, Sony Honda Mobility, in June, with each of them investing 5 billion yen ($34.05 million) in the new venture. Honda is under pressure from investors to make cars that are carbon-free and equipped with newer technology such as self-driving features. Like its bigger rival Toyota Motor (7203.T), it has been slow to shift its fleet to electric, offering only one EV known as Honda e.($1 = 146.8300 yen)Register now for FREE unlimited access to Reuters.com RegisterReporting by Satoshi Sugiyama; Editing by Ana Nicolaci da CostaOur Standards: The Thomson Reuters Trust Principles.

☆ Honda and Sony are launching an EV that could connect to the metaverse — and Americans will be the first to get behind the wheel
▼ + stars: | 2022-10-13 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Honda and Sony will launch their first EV in the US in 2025, under a joint partnership. The EV could have level-3 automation and its entertainment system could connect to the metaverse. Sony Honda Mobility Inc (SHM) — a strategic partnership between the automaker Honda and electronics giant Sony — announced Thursday that it will launch its first EV in the US. On Tuesday, Honda announced plans to invest $4.4 billion in an EV battery production plant in Anna, Ohio, in another joint venture with LG Energy Solution. The Honda Prologue, built in partnership with GM, is set to launch in 2024.

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