*Sony and Honda cancel development and production of Afeela 1 electric car*
*Sony and Honda cancel development and production of Afeela 1 electric car* – Sony and Honda made the decision after joint discussion and Honda's early-month strategy review – SHM said Honda cannot use certain technologies and assets originally planned – Companies concluded there is no viable path t
*Sony and Honda cancel development and production of Afeela 1 electric car*
– Sony and Honda made the decision after joint discussion and Honda's early-month strategy review
– SHM said Honda cannot use certain technologies and assets originally planned
– Companies concluded there is no viable path to market in the originally planned form
– On March 16 Sony Honda Mobility of America opened an Afeela studio and California delivery point
– Preorders were accepted; $200 prepayments promised full refunds for cars priced from $89,900
– Honda's strategy change will cause aggregate losses of $15.7 billion
#honda_motor_co_ltd #shm #sony_group_corporation #sony_honda_mobility_of_america
@CoffeebreakGames
– Sony and Honda made the decision after joint discussion and Honda's early-month strategy review
– SHM said Honda cannot use certain technologies and assets originally planned
– Companies concluded there is no viable path to market in the originally planned form
– On March 16 Sony Honda Mobility of America opened an Afeela studio and California delivery point
– Preorders were accepted; $200 prepayments promised full refunds for cars priced from $89,900
– Honda's strategy change will cause aggregate losses of $15.7 billion
#honda_motor_co_ltd #shm #sony_group_corporation #sony_honda_mobility_of_america
@CoffeebreakGames