Sony Looks to Electric Cars for Its Next Big Hit

Sony Looks to Electric Cars for Its Next Big Hit
The Sony logo is displayed at the company's headquarters in Tokyo, on April 28, 2021. Yuki Iwamura/AFP via Getty Images
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Japan’s Sony Group Corp. plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility.

The new company, Sony Mobility Inc., comes as the Japanese tech giant is “exploring a commercial launch” of electric vehicles, Sony chairman and president Kenichiro Yoshida told a news conference, speaking ahead of the CES technology trade fair in the United States.