Quote:
Originally Posted by chassis
Sony-Honda joint venture scraps electric vehicle plans
The Afeela is dead.
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Good riddance.
Most JV's fail, but this one was particularly ill conceived.
Sony knows nothing about cars or automotive design.
Honda knows little about EVs, and its own EV is a wholesale copy of GM's platform.
And who picked "Afeela" as a desirable brand name!?
Quote:
Originally Posted by chassis
Sony Honda Mobility, the joint venture between Sony and Honda, slammed the brakes Wednesday on the planned line of electric vehicles as the latter rethinks its wider EV strategy. Earlier this month, Honda revealed that it was expecting a writedown of more than $15 billion in connection with its EV business.
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Honda is in a free-fall.
Not dissimilar to Nissan situation.
Sad for both brands - both used to be on the shopping list of many car enthusiasts!
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