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Sony to launch firm to explore making electric cars

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Agence France-Presse

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. Thomas Peter, Reuters/File Photo" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/reuters/01/05/20220105-sony-gaming-virtual-reality.jpg"/><figcaption>The company logo of Sony Corporation is seen at its headquarters in Tokyo, Japan, March 3, 2016. <em>Thomas Peter, Reuters/File Photo</em></figcaption></figure></div><p>LAS VEGAS, United States - Electronics giant Sony unveiled Tuesday a new prototype of its Vision-S electric vehicle and announced the founding of a company to explore jumping into the rapidly growing market. </p><p>The Japanese firm, better known for its TVs and video game consoles, will create the Sony Mobility subsidiary in spring 2022 as it weighs entering the field. </p><p>Sony chief executive officer Kenichiro Yoshida unveiled at the CES tech show in Las Vegas the Vision-S 02, a new version of the firm&#x27;s first prototype that has begun road testing. </p><p>Through this new branch, the electronics giant &quot;intends to explore entry into the EV market,&quot; it said in a statement. </p><p>The Vision-S is packed with internal and external sensors and is used by Sony to test its autonomous driving technologies. </p><p>The company is also working on entertainment systems. </p><p>The electric vehicle sector is still small, accounting for only about three percent of current sales in the United States but it is attracting a lot of interest and investment. </p><p>General Motors has planned to invest more than $35 billion in electric and autonomous vehicles by 2025. </p><p>Authorities in the United States plan to spend billions of dollars to strengthen the network of charging stations or encourage individuals to abandon their fossil fuel-powered vehicles. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/01/03/22/ces-to-now-end-sooner-than-planned-as-omicron-cases-surge">CES to now end sooner than planned as Omicron cases surge</a></li>	<li><a href="https://news.abs-cbn.com/business/01/03/22/ces-tech-fair-prepares-to-draw-crowds-as-covid-surges">CES tech fair prepares to draw crowds as COVID surges</a></li>	<li><a href="https://news.abs-cbn.com/business/01/04/22/nibbling-cats-and-covid-masks-first-look-at-ces-tech-show">Nibbling cats and Covid masks: First look at CES tech show</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1722225" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

Electronics giant Sony unveiled Tuesday a new prototype of its Vision-S electric vehicle and announced the founding of a company to explore jumping into the rapidly growing market. 