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Sony and Honda plan to make electric vehicles together.

Sony and Honda are planning to form a new company to design and sell electric vehicles together. 

The venture hasn’t been finalized just yet, but the two companies have signed a memorandum of understanding that states their intent. 

The as-yet unnamed new company is expected to be formed this year, with sales of the first EV model planned for 2025.

Source: www.theverge.com

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