Sony and Honda pull plug on the $100,000 EV that was set to debut in California
Sony Honda Mobility is abandoning plans to launch the Afeela 1, a $100,000 electric sedan packed with AI and screens, this year in California. The move follows Honda’s $15.7-billion EV writedown and signals broader industry struggles with electric vehicle losses and declining consumer interest.
As major automakers pare back their EV offerings, Sony and Honda are scrapping their plans to launch a gadget-packed electric vehicle.
The move by Sony Honda Mobility comes weeks after Honda announced a $15.7-billion write-down of its EV business and said it would cancel planned production for three of its own electric models.
Sony Honda Mobility is discontinuing the development and launch of the Afeela 1, a roughly $100,000 electric sedan stuffed with screens, speakers and AI. The car was set to hit the roads exclusively in California later this year.
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