Sony and Honda signs joint venture to sell electric vehicle by 2025

Japani company sony and Honda sighned a pact to produce EV from 2025 onwards.

Honda will manufacture the car as it has expertise in that and Sony will add software part of the cars.

Sony and Honda both will invest around 5 billion yen ($37.52 million) as joint venture.

The joint venture is names Sony Honda Mobility which will manufacture 2 million EV by 2030.

Honda live other car makers are under immense pressure to catch up with the competition to make carbon free engine and make driverless car

right now honda top model Accord and Civic is dealing with chip shortage and raw material price rise

EV is the future so its now mandatory for every car maker to follow the trend.

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