Trending

    Sony Honda Mobility Cancels Afeela 1 Electric Sedan and SUV Amid Honda's EV Strategy Shift

    Section editor: ·Moderate4 articles covering this·4 news sources·Updated 2 months ago·World
    Share:
    Sony Honda Mobility Cancels Afeela 1 Electric Sedan and SUV Amid Honda's EV Strategy Shift

    Here's what it means for you.

    The cancellation of these electric vehicles signals shifting dynamics in the EV market that could affect future investments and collaborations.

    What happened

    On March 25, 2026, Sony Honda Mobility Inc. announced the discontinuation of its Afeela 1 electric sedan and a planned SUV due to Honda's reassessment of its electrification strategy.

    The Context

    • Joint venture origins: Sony Honda Mobility was formed in September 2022, combining Honda's automotive expertise with Sony's technology and entertainment capabilities.
    • Market challenges: Honda's strategy overhaul follows significant losses, including a projected $15.8 billion writedown, reflecting broader struggles in the EV sector.
    • Refunds issued: Afeela 1 reservations in California will receive full refunds, as the joint venture reevaluates its future plans.

    The Number

    $15.8 billion

    — This figure represents Honda's expected financial hit from its EV strategy overhaul, marking the company's first annual loss in nearly 70 years.

    Takeaway

    As the EV landscape evolves, expect continued scrutiny of partnerships and product launches, influencing market strategies and consumer choices.

    4 Articles
    CNET

    Sony Hits the Brakes on Electric Cars With Built-In PlayStation Features

    Sony has officially discontinued its electric vehicle project in collaboration with Honda, which included the Afeels 1 sedan and Afeela SUV, marking a significant setback for the partnership. This decision reflects the increasing challenges in the co...

    2 months ago
    Read Full Article
    The Wall Street Journal

    Sony and Honda Hit the Brakes on a $102,900 EV

    Sony and Honda have halted the production of their electric vehicle, the Afeela 1, which was priced at $102,900, signaling a significant setback for their joint venture in the EV market.

    2 months ago
    Read Full Article
    Ars Technica — All

    Honda cancels the two electric vehicles it was developing with Sony

    Honda has officially canceled the development of its two electric vehicles, Afeela 1 and Afeela 2, in collaboration with Sony Honda Mobility, marking a significant setback for the partnership. This decision reflects the increasing challenges faced by...

    2 months ago
    Read Full Article
    Ars Technica

    Honda cancels the two electric vehicles it was developing with Sony

    Honda has officially canceled the development of its two electric vehicles, Afeela 1 and Afeela 2, in collaboration with Sony Honda Mobility, marking a significant setback for the partnership. This decision reflects the increasing challenges faced by...

    2 months ago
    Read Full Article
    Engadget

    The Afeela EV is dead

    Sony Honda Mobility has officially canceled its Afeela electric vehicle project, marking a significant setback for the collaboration between the two Japanese giants. This decision reflects the challenges faced in the competitive EV market, where both...

    2 months ago
    Read Full Article
    Engadget

    The Afeela EV is dead

    Sony Honda Mobility has officially canceled its Afeela electric vehicle project, marking a significant setback for the collaboration between the two Japanese giants. This decision reflects the challenges faced in the competitive EV market, where both...

    2 months ago
    Read Full Article