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Sony will establish EV company

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Sony’s sensors for autonomous and self-aware vehicles are a growing segment of its imaging business that spans most of the world’s smartphones and digital cameras.

The Japanese firm also remains one of the world’s biggest entertainment companies, home to prominent video game and movie franchises. Audio and entertainment systems are increasingly a focus for next-generation vehicles.

Yoshida unveiled a prototype crossover, the VISION-S 02, using the same electric vehicle platform as the previously announced VISION-S 01 coupe that began testing on public roads in Europe in December 2020.

No details on pricing or release date were made available.

Yoshida said the company saw mobility as an “entertainment space” where passengers could chose individual entertainment options and use 5G internet connection.

Wall Street is betting heavily on electric cars and the global auto industry has been upended by Tesla now the world’s most valuable automaker. Many investors also expect Apple to launch its own vehicle within the next few years.

Bloomberg contributed to this report

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