Honda and Sony Build invested as much as $2 billion dollars in the endeavor. The goal is to develop an entirely new line of cars with what they call emotion-based technology that will stand out in the market and appeal to environmentally conscious customers. The first step will be establishing the brand, which they hope to accomplish by 2022, with their first products available by 2025.
Honda and Toyota Collaborate
Japanese automakers Honda and Toyota are teaming up to jointly develop a new range of electric vehicles. The new vehicles will be designed for mass production from 2020 at a factory in Guangzhou, China. They will then be sold under both Honda and Toyota brands from around 2025.
Honda And Walmart Expand Partnership
Honda and Walmart have expanded their partnership for fuel-cell vehicles in California. Honda will install hydrogen fueling stations at a number of Walmart stores in California, enabling drivers to refuel on their way home from shopping. This comes as part of Honda’s broader expansion of its zero-emission vehicle (ZEV) partnerships. The auto manufacturer is partnering with Ryder System Inc., Shell Oil Products US, and Sunoco LP for retail station network support.
Honda And Drive.ai Partner on Self-Driving Cars
Honda has signed a multi-year deal with Mountain View, California-based Drive.ai to develop and test self-driving technology for urban environments. For its part, Drive.ai plans to integrate Honda’s vehicles into its own self-driving fleet in preparation for deploying them on public roads in 2018.
Honda Invests In Cruise Automation
Honda announced that it has invested $2.75 billion in Cruise Automation as part of its ongoing commitment to electric vehicles (EVs). The Japanese automaker has agreed to purchase an initial 4.75 percent stake in San Francisco-based Cruise—with a possibility of further investment down the line. Honda joins Japan’s SoftBank Group Corp., which owns about 20 percent of Cruise, and General Motors Co., which acquired a minority stake in 2016.
Honda Partners With Qualcomm on Connected Car Tech
Honda has partnered with Qualcomm for a pilot program designed to accelerate the adoption of new connected car technologies. In addition to collaborating on next-generation telematics that will be featured in upcoming Honda vehicles, the two companies will develop a robust ecosystem of third-party developers. This will enable other automakers to leverage Honda’s data platform, making it easier for them to develop their own connected cars.
Honda and Sony Joins Formula E
Honda has officially announced its participation in Formula E. The electrification of society is happening very quickly, said Yoshiyuki Matsumoto, CEO of Honda Motor Co., Ltd. at a press conference in Tokyo today. To make a more sustainable mobility society, it is important for us to accelerate [our] development of electric vehicles through racing activities as well as the study performance advancement and assist systems.