BR100 Increased By (0.84%)
BR30 Increased By (1.32%)
KSE100 Increased By (1.04%)
KSE30 Increased By (1.24%)
AGHA 6.50 Increased By ▲ 0.18 (2.85%)
BECO 4.40 Increased By ▲ 0.13 (3.04%)
BML 62.45 No Change ▼ 0.00 (0%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.81 Increased By ▲ 0.22 (1.9%)
CSIL 5.95 Increased By ▲ 0.23 (4.02%)
FCCL 61.30 Decreased By ▼ -0.24 (-0.39%)
FFL 14.88 Decreased By ▼ -0.14 (-0.93%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.29 Increased By ▲ 0.03 (0.48%)
KOSM 6.02 Increased By ▲ 0.46 (8.27%)
LOTCHEM 24.93 Increased By ▲ 0.25 (1.01%)
MLCF 104.32 Increased By ▲ 0.24 (0.23%)
NBP 174.80 Decreased By ▼ -0.48 (-0.27%)
NCPL 52.85 Increased By ▲ 0.08 (0.15%)
NPL 54.57 Increased By ▲ 0.45 (0.83%)
OGDC 319.01 Increased By ▲ 5.62 (1.79%)
PACE 9.40 Increased By ▲ 0.20 (2.17%)
PAEL 35.70 Decreased By ▼ -0.10 (-0.28%)
PIBTL 13.87 Increased By ▲ 0.40 (2.97%)
PPL 229.00 Increased By ▲ 7.19 (3.24%)
PRL 81.10 Increased By ▲ 2.02 (2.55%)
PTC 47.15 Increased By ▲ 0.30 (0.64%)
SSGC 24.14 Increased By ▲ 0.27 (1.13%)
TBL 9.25 Decreased By ▼ -0.06 (-0.64%)
TELE 7.53 Increased By ▲ 0.14 (1.89%)
TPL 24.94 Decreased By ▼ -0.17 (-0.68%)
TPLP 12.95 Increased By ▲ 0.44 (3.52%)
TREET 26.15 Decreased By ▼ -0.10 (-0.38%)
TRG 53.90 Increased By ▲ 0.46 (0.86%)
Markets

Sony Honda Mobility unveils new prototype EV at CES in Las Vegas

  • The Trump administration has pulled back EV-friendly policies, including removing a $7,500 tax credit, that have hurt consumer interest in such vehicles
Published Updated
Photo: Reuters
Photo: Reuters
By

Sony Honda Mobility unveiled its new prototype electric vehicle at the CES trade show in Las Vegas on Monday, even as most US automakers hit the brakes on EVs.

Sony Honda CEO Yasuhide Mizuno said the company, an electric vehicle joint venture between Sony Group and Honda Motor, aims to deliver a new model based on the Afeela prototype to US customers as early as 2028.

The company expects deliveries of the Afeela 1 to customers in California to begin late this year, Mizuno said. Afeela 1, the company’s first EV which was introduced last year, is priced from $89,900.

The unveiling was a rare sight at CES 2025, an annual consumer electronics trade show, with many automakers dealing with weakening EV demand and tariffs on auto and auto parts imports, having cancelled plans for new EVs and paused or stopped production.

The Trump administration has pulled back EV-friendly policies, including removing a $7,500 tax credit, that have hurt consumer interest in such vehicles.

The joint venture was formed in 2022, combining Honda’s engineering and vehicle-building experience with Sony’s software and gaming expertise to compete with EV rivals.

Comments

Comments are closed for this article.