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Sony Honda Mobility - Determined It Has No Viable Path Forward To Bring Ev Models To Market As Originally Planned

ReutersMar 25, 2026 9:05 AM

March 25 (Reuters) - Sony Group Corp 6758.T:

DISCONTINUATION OF DEVELOPMENT AND LAUNCH OF SONY HONDA MOBILITY'S ELECTRIC VEHICLE MODELS AND REVIEW OF ITS BUSINESS DIRECTION
SONY HONDA MOBILITY - DETERMINED IT HAS NO VIABLE PATH FORWARD TO BRING EV MODELS TO MARKET AS ORIGINALLY PLANNED
SONY HONDA MOBILITY - TO ISSUE FULL REFUNDS OF RESERVATION FEES RECEIVED FOR CURRENT HOLDERS OF RESERVATIONS FOR AFEELA 1 MODEL IN CALIFORNIA
SONY HONDA MOBILITY - WILL CONTINUE DISCUSSIONS WITH SONY AND HONDA REGARDING ITS FUTURE BUSINESS PLANS

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