Sony and Honda ain’t feelin’ the Afeela anymore

Sony and Honda person mislaid that lovin' Afeela.

The associated task announced contiguous that it would beryllium discontinuing the $90,000 Afeela 1 electrical sedan, arsenic good arsenic the unnamed Afeela SUV concept, arsenic it adjusts to slower EV request and argumentation pullbacks. In a statement, Sony Honda Mobility (SHM) determined determination was not a "viable way forward" aft Honda recalibrated its EV strategy pursuing steep losses.

Earlier this month, Honda said it would instrumentality a writedown of arsenic overmuch arsenic 2.5 trillion yen ($15.7 billion) connected its EV investments, representing the company's archetypal yearly nonaccomplishment successful implicit 70 years arsenic a nationalist entity. The automaker besides put the kibosh o …

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