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Sony Honda EV Project Scrapped, Luxury EVs Face Tougher Road

Published 2 weeks, 3 days ago
Description

Sony Honda Mobilitys Afeela electric sedan and upcoming SUV models have been canceled due to slow EV demand and shifts in Hondas strategy, following massive financial hits. The project, which started with a concept car at CES 2020, promised innovative entertainment features but faced market realities. This cancellation reflects a wider industry pullback, with automakers chasing cheaper options to compete with incoming Chinese rivals.

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