"Sony, Honda's Afeela EV Takes 'Smartphone-On-Wheels' A Step Further" - Nikkei Asia
Portfolio Pulse from Benzinga Newsdesk
Sony Group and Honda Motor have unveiled a prototype for the Afeela electric vehicle, which is designed to allow drivers and passengers to download music, maps, and apps through an onboard display. The vehicle is in the final stages of development, with online orders set to begin in 2025 and deliveries starting in North America in spring 2026, followed by Japan later that year.

October 17, 2023 | 5:40 pm
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POSITIVE IMPACT
Honda's partnership with Sony for the Afeela EV could potentially boost its revenues and market share in the EV sector.
The Afeela EV represents a significant step for Honda in the EV market. The unique features of the vehicle could attract a new customer base, potentially boosting Honda's market share and revenues in the long term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Sony's collaboration with Honda on the Afeela EV could enhance its presence in the automotive sector and diversify its revenue streams.
Sony's involvement in the Afeela EV project could enhance its presence in the automotive sector. The 'smartphone-on-wheels' concept aligns with Sony's expertise in entertainment and technology, potentially diversifying its revenue streams.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80