Overview
- Sony Honda Mobility, which announced Wednesday it would discontinue the Afeela 1 sedan and a planned SUV, will issue full refunds to California reservation holders.
- The decision follows Honda’s March 12 overhaul and up to ¥2.5 trillion writedown that canceled the 0 Series and withdrew the e:Architecture platform the venture relied on.
- The Afeela 1 had targeted late‑2026 deliveries in California at about $89,900, with trial builds already underway at Honda’s East Liberty plant in Ohio.
- Sony and Honda said the shutdown will not materially affect their financial forecasts, and the joint venture’s future is now under review with both parents.
- SHM’s asset‑light plan depended on Honda’s platforms and factories, so once those assets were pulled the venture had no vehicle to carry Sony’s software, sensors, and PlayStation features.