Sony and Honda joint venture plans to sell cars by 2025

Confirming an earlier report, Sony and Honda have announced the creation of a 50-50 joint-venture aimed at building electric cars. Headquartered in Tokyo, Japan, the company is called "Sony Honda Mobility" and it plans to begin selling cars in just a few short years.

Sony and Honda plan to finalize the deal in 2022; the new company still needs to be approved by regulators. Once it's set up, the two partners will bring their strongest assets to the table. Sony boasts a great deal of experience in network, entertainment, sensing, imaging, and telecommunication technologies — it's the company that brought you innovations like the Walkman and the PlayStation, after all. Honda will contribute decades of car-building expertise. Sony Honda Mobility will begin selling EVs and providing mobility services in 2025.

An important detail is that, as of writing, neither party has outlined what the collaboration will spawn. One possibility is Sony will ask for Honda's help in bringing the Vision-S 01 and/or the Vision-S 02 (pictured) concepts to production. However, the company has previously been hesitant about becoming a carmaker. In 2021, Sony said that "no plans to mass-produce or sell the vehicle." Has it changed its mind?