Connect with us

News

Sony and Honda Invest 10 Billion Yen into New Joint Venture

Sony Vision S-01 concept vehicle released at CES 2020 (Credit:Sony)

Published

on

Sony and Honda have announced a 10 billion yen ($74,083,950) joint venture in the creation of a new electric vehicle company known as Sony Honda Mobility Inc.

The new, Tokyo-based auto manufacturer will take advantage of Sony’s experience in imaging, computer sensing, telecommunications, and “network and entertainment” technologies. Honda, on the other hand, will be supplying its experience in vehicle manufacturing, after-sales service, and safety technologies. This company is set to be established by the end of this year and will attempt to deliver its first vehicles in 2025, Sony said in a press release.

A complete board of directors has already been established and will consist of:

  • Yasuhide Mizuno, Representative Director, Chairman and CEO
  • Izumi Kawanishi, Representative Director, President and COO
  • Shugo Yamaguchi, Director and Deputy President
  • Kojiro Okabe, Director and Executive Vice President
  • Manabu Ozawa, Director (Honda Motor Co., Ltd.)
  • Naoya Horii, Director (Sony Group Corporation)

Both CEOs of Sony and Honda seem excited about their future work with each other. Sony CEO Kenichiro Yoshida said in a comment that the goal will be to “make the mobility space an emotional one” and that the focus of the new brand will be on safety, entertainment, and adaptability.

Meanwhile, Honda CEO Toshihiro Mibe shared similar positive comments, stating that the automaker will continue its own automotive brand, however, he was excited to embrace a new challenge. Mibe said he believes that Honda and Sony complement each other well. “At the new company, we will strive to create new value through the fusion brought about by the combination of our different industries, so please look forward to future developments,” he added.

Sony first announced its interest in electric vehicles back in 2020 when they released their Vision S-01 concept car, and while many were skeptical of the future of “Sony Mobility Inc.”, the car had been made in conjunction with Magna Incorporated. Magna is a Canadian auto parts manufacturer and one of the largest in the world, with hundreds of production facilities, thousands of workers, and a history of manufacturing everything from seats to car panels for decades; Donut Media even made a great video about the possible partnership. And while it appeared that that relationship was going to continue with the showing of the Vision S-02 concept SUV shown at this year’s CES, Sony has clearly chosen to change course.

It is unclear at this point how this new relationship between Sony and Honda was chosen over one with Magna, or how new products from Sony Honda Mobility will differ from their Honda counterparts. Further questions have emerged as the first products from Sony Honda Mobility will likely come at around the same time Honda begins selling the Honda Prologue via their other partnership with GM.

What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!

Will is an auto enthusiast, a gear head, and an EV enthusiast above all. From racing, to industry data, to the most advanced EV tech on earth, he now covers it at Teslarati.

Advertisement
Comments

News

Tesla lands massive deal to expand charging for heavy-duty electric trucks

Published

on

Credit: Tesla Semi/X

Tesla has landed a massive deal to expand its charging infrastructure for heavy-duty electric trucks — and not just theirs, but all manufacturers.

Tesla entered an agreement with Pilot Travel Centers, the largest operator of travel centers in the United States. Tesla’s Semi Chargers, which are used to charge Class 8 electric trucks, will be responsible for providing energy to various vehicles from a variety of manufacturers.

The first sites are expected to open later this Summer, and will be built at select locations along I-5 and I-10, major routes for commercial vehicles and significant logistics companies. The chargers will be available in California, Georgia, Nevada, New Mexico, and Texas.

Each station will have between four and eight chargers, delivering up to 1.2 megawatts of power at each stall.

The project is the latest in Tesla’s plans to expand Semi Charging availability. The effort is being put forth to create more opportunities for the development of sustainable logistics.

Senior Vice President of Alternative Fuels at Pilot, Shannon Sturgil, said:

“Helping to shape the future of energy is a strategic pillar in meeting the needs of our guests and the North American transportation industry. Heavy-duty charging is yet another extension of our exploration into alternative fuel offerings, and we’re happy to partner with a leader in the space that provides turnkey solutions and deploys them quickly.”

Tesla currently has 46 public Semi Charger sites in progress or planned across the United States, mostly positioned along major trucking routes and industrial areas. Perhaps the biggest bottleneck with owning an EV early on was charging availability, and that is no different with electric Class 8 trucks. They simply need an area to charge.

Tesla is spearheading the effort to expand Semicharging availability, and the latest partnership with Pilot shows the company has allies in the program.

The company plans to build 50,000 units of the Tesla Semi in the coming years, and with early adopters like PepsiCo, DHL, and others already contributing millions of miles of data, fleets are going to need reliable public charging.

Advertisement

Tesla is partnering with other companies for the development of the Semi program, most notably, a conglomeration with Uber was announced last year.

Tesla lands new partnership with Uber as Semi takes center stage

The ride-sharing platform plans to launch the Dedicated EV Fleet Accelerator Program, which it calls a “first-of-its-kind buyer’s program designed to make electric freight more affordable and accessible by addressing key adoption barriers.”

The Semi is one of several projects that will take Tesla into a completely different realm. Along with Optimus and its growing Energy division, the Semi will expand Tesla to new heights, and its prioritization of charging infrastructure.

Continue Reading

Elon Musk

Elon Musk’s Boring Company opens Vegas Loop’s newest station

The Fontainebleau is the latest resort on the Las Vegas Strip to embrace the tunneling startup’s underground transportation system.

Published

on

Credit: The Boring Company/X

Elon Musk’s tunneling startup, The Boring Company, has welcomed its newest Vegas Loop station at the Fontainebleau Las Vegas.

The Fontainebleau is the latest resort on the Las Vegas Strip to embrace the tunneling startup’s underground transportation system.

Fontainebleau Loop station

The new Vegas Loop station is located on level V-1 of the Fontainebleau’s south valet area, as noted in a report from the Las Vegas Review-Journal. According to the resort, guests will be able to travel free of charge to the stations serving the Las Vegas Convention Center, as well as to Loop stations in Encore and Westgate.

The Fontainebleau station connects to the Riviera Station, which is located in the northwest parking lot of the convention center’s West Hall. From there, passengers will be able to access the greater Vegas Loop.

Vegas Loop expansion

In December, The Boring Company began offering Vegas Loop rides to and from Harry Reid International Airport. Those trips include a limited above-ground segment, following approval from the Nevada Transportation Authority to allow surface street travel tied to Loop operations.

Under the approval, airport rides are limited to no more than four miles of surface street travel, and each trip must include a tunnel segment. The Vegas Loop currently includes more than 10 miles of tunnels. From this number, about four miles of tunnels are operational.

The Boring Company President Steve Davis previously told the Review-Journal that the University Center Loop segment, which is currently under construction, is expected to open in the first quarter of 2026. That extension would allow Loop vehicles to travel beneath Paradise Road between the convention center and the airport, with a planned station located just north of Tropicana Avenue.

Continue Reading

News

Tesla leases new 108k-sq ft R&D facility near Fremont Factory

The lease adds to Tesla’s presence near its primary California manufacturing hub as the company continues investing in autonomy and artificial intelligence.

Published

on

Credit: Tesla

Tesla has expanded its footprint near its Fremont Factory by leasing a 108,000-square-foot R&D facility in the East Bay. 

The lease adds to Tesla’s presence near its primary California manufacturing hub as the company continues investing in autonomy and artificial intelligence.

A new Fremont lease

Tesla will occupy the entire building at 45401 Research Ave. in Fremont, as per real estate services firm Colliers. The transaction stands as the second-largest R&D lease of the fourth quarter, trailing only a roughly 115,000-square-foot transaction by Figure AI in San Jose.

As noted in a Silicon Valley Business Journal report, Tesla’s new Fremont lease was completed with landlord Lincoln Property Co., which owns the facility. Colliers stated that Tesla’s Fremont expansion reflects continued demand from established technology companies that are seeking space for engineering, testing, and specialized manufacturing.

Tesla has not disclosed which of its business units will be occupying the building, though Colliers has described the property as suitable for office and R&D functions. Tesla has not issued a comment about its new Fremont lease as of writing.

AI investments

Silicon Valley remains a key region for automakers as vehicles increasingly rely on software, artificial intelligence, and advanced electronics. Erin Keating, senior director of economics and industry insights at Cox Automotive, has stated that Tesla is among the most aggressive auto companies when it comes to software-driven vehicle development.

Other automakers have also expanded their presence in the area. Rivian operates an autonomy and core technology hub in Palo Alto, while GM maintains an AI center of excellence in Mountain View. Toyota is also relocating its software and autonomy unit to a newly upgraded property in Santa Clara.

Despite these expansions, Colliers has noted that Silicon Valley posted nearly 444,000 square feet of net occupancy losses in Q4 2025, pushing overall vacancy to 11.2%.

Advertisement
Continue Reading