Sony Jumped Nearly 5% in Premarket Trading as It Announced a New-Electric Unit

Tiger Newspress2022-01-05

Sony jumped nearly 5% in premarket trading as it announced a new-electric unit.Sony Group Corp. announced a new electric-vehicle unit, Sony Mobility Inc., and unveiled a prototype of its latest concept car Tuesday night at CES 2022.

Sony said it is entering a new phase -- after first announcing its plans for an electric vehicle in 2020 -- with the seven-seat, SUV-like VISION-S 02. It joins the VISION-S 01, an electric concept car that was unveiled last year.

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