Sony and Honda give up on their joint EV project
The Sony-Honda joint venture has killed plans for its Afeela sedan and SUV electric vehicles. The news comes shortly after Honda reversed its plans to launch more electric vehicles in the U.S.
The Sony-Honda joint venture has killed plans for its Afeela sedan and SUV electric vehicles. The news comes shortly after Honda reversed its plans to launch more electric vehicles in the U.S.
Verne, the robotaxi company launched under Rimac Group, is starting with a service in Zagreb, Croatia.
The two companies have been collaborating on a joint venture that would see Rivian tech go in VW’s EVs.
Ford expects to begin prototype builds of the Fathom EV in the first quarter of 2027.
Due in “fall 2027,” Ford said Thursday that it won’t reveal what Fathom looks like until early next year.
Ford’s CEO has described the new Ford Fathom as a “Model T moment” for the company. But the EV pickup is unlikely to live up to lofty expectations, and maybe it doesn’t have to.
The company struggled with quality issues when Gravity production started last year, and the new recall shows it’s not out of the woods yet.
The company’s deliveries in the first quarter were just 6% higher than last year, and Tesla now faces a third straight year of falling sales.
Tesla’s headcount fell from 21,191 workers to 16,506 workers in 2025, according to a report, as it grappled with its second straight year of declining sales.
The supplier issue also prompted Lucid to recall more than 4,000 Gravity SUVs. The company said it has resolved the problem and is not changing its guidance for 2026.