https://finance.yahoo.com/news/sony-vision-s-02-electric-suv-mobility-inc-071335668.html
Sony has just entered the EV MARKET. Moon, an associate editor with Yahoo Finance, introduced to Sony's new electric vehicle by stating, "The new prototype is an SUV that the company is calling Vision-S 02." This creates a big market for attention between investors because Sony has never created a vehicle before.
"Sony Group Corporation, commonly known as Sony and stylized as SONY, is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professional electronic products, the largest video game console company and the largest video game publisher. Through Sony Entertainment Inc, it is one of the largest music companies and the third largest film studio, making it one of the most comprehensive media companies. It is the largest technology and media conglomerate in Japan. At the same period, it is also recognized as the most cash-rich Japanese company, with its net cash reserves of ¥2 trillion."
This alone should bring in a large audience. Although the electric vehicle might not do so well itself, sense this would be Sony's first attack at creating a vehicle, it should still prove to be a great back-lifter for Sony's share price.
