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Sony joins race to develop electric cars despite lack of track record

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Apple has been researching ways to enter the market, whereas China’s Xiaomi and Huawei are additionally seeking to develop their very own autos.

Different tech firms have struggled, nevertheless. Google’s driverless automotive spin-off Waymo has stated it doesn’t plan to fabricate its personal automobiles, whereas Dyson scrapped plans to develop an electrical car.

Sony first unveiled a prototype car two years in the past, and commenced testing it in December 2020 on European roads.

It permits drivers to make use of their very own sounds reminiscent of music or speech when accelerating and slowing down to exchange the standard noise of petrol-powered engines. 

Sony can also be testing 5G connections on its automobiles, which it stated might enable them to be pushed remotely.

Shares in Sony rose greater than 4pc in Tokyo following the announcement, reflecting the insatiable demand for electrical automotive shares.

Sony has an extended historical past of diving into tasks that battle to realize traction, such because the Betamax video, Aibo robots and its MiniDisc music format that was shortly rendered out of date by MP3 gamers.

Nonetheless, the corporate was a pacesetter in skilled video within the Eighties with the Betacam and Hi8 codecs, whereas its Trinitron televisions have been lengthy thought-about one of the best available on the market. 

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