Search results for Sony Honda Mobility
Industry
Mobility hot issues: Tesla beats expectations despite AI and robotics burden; Sony-Honda EV exit
Tesla reported first-quarter results that beat market expectations despite concerns about slowing electric vehicle demand. Revenue rose to $22.39 billion from a year earlier, while expanded capital spending focused on AI and robotics is adding to financial pressure. The company also faces controversy over cash flows, putting the balance between growth strategy and profitability in focus. Separately, Sony Group and Honda decided to effectively suspend their EV joint venture, and GM halted plans for a next-generation revamp of large electric pickups and SUVs.
Mobility
Sony, Honda to effectively wind down EV joint venture, reassign staff to parent companies
Sony Group and Honda will effectively halt their EV development joint venture, Sony Honda Mobility, after concluding it would be difficult to launch products and services in the near term under the current structure. Staff will be reassigned within the groups, reflecting employees’ preferences, while the company will be maintained. The move directly affects the Afeela EV brand, whose first model planned for 2026 has been halted, and development of a second model has also stopped.
Industry
CES 2026 draws 148,000 attendees, largest since pandemic
CES 2026 wrapped up its four-day run in Las Vegas, drawing about 148,000 attendees from around the world, its biggest turnout since the pandemic. The event hosted about 6,900 global media representatives, 4,100 exhibitors and roughly 1,200 startups. Organisers said more than 55,000 attendees came from overseas. The programme included over 400 conference sessions, more than 1,300 speakers and over 200 government officials.