Sony Announces Plans to Start EV Firm| MENAFN.COM

Monday, 17 January 2022 12:13 GMT

Sony Announces Plans to Start EV Firm


(MENAFN- Investor Brand Network)

The next generation of vehicles will be nothing like we've ever seen before. With several countries looking to cut their carbon emissions, it looks like the fossil fuel vehicles that have dominated our roads for over a century will meet their end soon. Over the next few decades, those vehicles will be replaced with zero-emission electric vehicles (“EVs”), a relatively new technology that is poised to take over the vehicular transportation sector. Interestingly, this revolution hasn't been limited to just automakers; companies outside the automotive space have shown plenty of interest in electric vehicles.

In a surprising move, Japanese multinational conglomerate Sony has announced its entry into the young but extremely lucrative electric vehicle industry. The tech company wants to launch its own electric vehicle company, Sony Mobility Inc., in the spring, making it the latest electronic company to step into the automotive…

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