Sony to launch a new electric vehicle company this year

Sony Group will launch a new electric car company this spring, according to its chairman, becoming the latest tech company to increase its goals in the fast-growing field.

Kenichiro Yoshida, Sony's chairman and president, made the remark during the CES technology convention in Las Vegas, which was streamed live online.

He stated that the new firm, Sony Mobility Inc., would be launched in the spring of 2022, with the goal of entering the electric vehicle industry.

Sony has already announced the testing of a prototype vehicle on public roads.