In an exciting revelation, Honda and Sony have just announced plans to partner up and develop electric cars. The two Japanese companies have not yet announced the name of their upcoming entity. The vehicles will be manufactured in Honda’s facilities and Sony will provide the mobility service platform. Their goal is to team together this year and begin selling the first car in 2025.
While the joint venture is unique, the announcement is not entirely surprising, as there has been an international push for zero emission vehicles as well as systems that provide more advanced features. This gives tech companies like Sony an opportunity to enter the automobile market. Sony CEO Kenichiro Yoshida reiterated the vision, remarking: “In the joint venture, we would like to lead the mobility evolution by combining our technology and experience with Honda’s long experience in mobility development and vehicle body manufacturing technologies.” When asked about the possibility of others joining the partnership, Honda CEO Toshihiro Mibe responded, “In the future, we would like to expand our business with an open mindset,” while adding that the focus remains on building the electric car model for now.
There has been an increase in the amount of cars sold in India’s domestic market. Looking at figures for June 2011 as compared to June 2010, there was an addition of 2284 cars sold. However, according to a report earlier this week by the Society of Indian Automobile Manufacturers (SIAM), perhaps in part due to somewhat tough economic circumstances, the domestic car industry in the country only went up by a mere 1.6 percent last month. Probably the additional raises in fuel prices didn’t help the matters as well as automobile price increases.
Motorcycle sales also did really well. SIAM figures note that there was an increase of 107464 units from last June to this June. Indeed, looking at the sales of all two-wheeler vehicles, there was an increase of 14.59 percent in the same time period.
India’s Commercial Vehicles
As reported in an article in Indiainfoline, there was also an escalation of domestic sales of busses and trucks. For example, figures for June 2010, were 52,627 units, whereas for June 2011, they were 62,009.
So taking a look at the whole group of vehicles, sales increased 12.84 percent from June 2010, to June 2011. Figures for last year stood at 12,07,934 and for this year 13,62,984.