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Sony and Honda’s electric car dream with Afeela series is officially dead

Digital Trends·@RachitAgarwal·2 months ago
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Sony and Honda’s shared dream of launching an electric car has just come to an end. The joint venture between the two brands — Sony Honda Mobility — has just announced that plans for the upcoming Afeela 1 electric car have been shelved. Additionally, the follow-up model has been nixed from the roadmap. As a result of Honda’s reassessment of its automobile electrification strategy,” the joint venture said, “SHM will not be able to utilize certain technologies and assets that were originally planned to be provided by Honda at the time of SHM’s initial business planning. In light of this change, SHM has determined that it does not have a viable path forward to bring the Models to market as originally planned.” Earlier this month. Honda announced that it is calibrating EV plans and that restructuring will cost the company to the tune of $15.7 billion. The shift also marked the first time in the company’s history that it was making a loss.…

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