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Sony Honda Mobility is touring around with its AFEELA prototype, and we got a chance to have a look at it up close in LA.

AFEELA is the official name of Sony’s fledgling electric car brand, which Sony first showed off as the “VISION-S” at CES in 2020, and has evolved bit by bit every year since then, now with an eventual release date of 2026. Since then, it has formed a joint venture with Honda, called Sony Honda Mobility (SHM), to bring the car to market.

The AFEELA booth was set up in Westfield Topanga, north of LA, where the car will be on display until April 1. We got a chance to have a sit in it and get a technology demo of some of the interior and UI features, though it was still quite limited and in prototype form.

To recap, Sony’s concept was originally stated to have 400kW (536hp) dual-motor all-wheel-drive, 0-100km/h (0-62mph) in 4.8 seconds, and a top speed of 240km/h (149mph). That said, we don’t know if those are still the specs they’re aiming for. And we still have no information on price or battery size (though they have said they want to offer ten-year leases), but we do have two more years until this project bears fruit after all.

And things could change a lot before then. While the original VISION-S concept was pitched with the specs above, we haven’t heard them mentioned since. Sony did show off the car doing road testing in Europe in 2021, but ever since the joint venture with Honda, Sony’s demonstrations have been characterized more as tech demos of potential in-car experiences for a software-defined vehicle.

So… this was sort of a car demo, but more of a technology demo (as they reminded us many times). Despite being only 2 years away, anything that we saw could and probably will change, so keep all of that in mind.

As I and another journalist arrived for a tour, our tour guide stepped aside for a moment and then brought us around to the front of the car, where we saw the first of the AFEELA’s neat features: a customizable front “media bar” which greeted us for our tour.

This feature is currently controlled by a phone app for demo purposes, and responded quickly as our guide swiped through various display possibilities. These included various themes, a battery display to check your charge level, or messages that could be relevant while driving (e.g. flashing “WARNING” when hazard lights are active).

Heading into the car, the doors are intended to have facial recognition (or perhaps were opened by our tour guide furtively pressing a button on his phone app) and are auto-opening and closing, though there is also a small button at the edge of the door that we could use to open it.

From the driver’s seat, the cockpit view is pretty satisfying. Visibility felt good and the cabin is quite spacious. The yoke steering wheel – which may or may not be standard or an option, SHM hasn’t decided yet – does offer a nice clear view of the instrument cluster. And it may use steer by wire, though that again has not yet been decided.

The giant wraparound screen offers important instruments in front of the driver (along with a HUD, which wasn’t activated for the demo), and a wide screen for nav or entertainment in the center and in front of the passenger.

Various apps can be brought up on the screen, and swiped between middle-screen and passenger-side (whether or how they’ll be active while the car is in motion is still being investigated), and themes are customizable and can affect the car’s ambient lighting, exterior media bar, and even motor sounds (and in my opinion, they better let us turn them off).

The side portions of the screen are for digital side mirrors, though the car is also expected to come with physical side mirrors as US regulators do not allow all-digital mirrors yet. The rear-view mirror is a hybrid optical/digital mirror, but wasn’t active in the prototype.

Many of the apps were not active in the tech demo, but we got a general sense of the snappiness and design of this (albeit restricted) version of the UI. And, like we’ve seen from many of the “EV startup” companies, it worked a lot better than what you generally expect out of traditional automaker UIs. Chalk one up to Sony’s software expertise here, they are clearly taking the lead on the in-car experience parts of this joint venture (and plan to offer over-the-air updates, something that is very popular among Tesla/Rivian owners, that traditional automakers are slowly getting around to implementing).

We got a short chance to demo playing Horizon Zero Dawn: Forbidden West in the car, but given how wide and short the screen is, the window was quite small. Maybe it would look better on the back seat screens.

And, it doesn’t actually run on the in-car system – we were using the PlayStation 5’s “remote play” feature, which lets you stream gameplay over the internet from a PS5 connected somewhere off-site. This adds latency depending on your distance from servers and your connection type (i.e., mobile data, from a car), so it’s not great for games with quick action or reaction times, but could work for e.g. story and puzzle games (there also seemed to be some additional latency/bluetooth interference when holding the controller in a lower position, but again, prototype).

That said, one weird thing about the in-car experience is that it was really hot in there. As soon as we closed the doors, it felt like the heater was on, and the touchscreen was also quite warm to the touch. It’s clear that Sony has packed some serious computing power in the vehicle, and that computer seems to have been really pumping out the processor cycles to ensure the best UI demo. Heat management is still on the to-do list.

Moving to the back seat, each seat has a large screen for the rear passengers, which will eventually offer various features, but as-is only showed us a static image of a map (very useful for backseat drivers) and a button to bring up an app-switcher with several inactive apps. You’ll eventually be able to use it for games, music, movies, climate control functions and so on.

Back seat space was quite good, with exceptional legroom and just-about adequate headroom. With the front seat set to a comfortable position for a 6′ driver, I still had a good ~5 inches of knee room, suggesting that legroom won’t be a problem in the vehicle. Headroom isn’t quite as expansive, but was still fine for someone like myself who is prone to slouching. And our tour guide was about ~6’3″ and seemed to fit alright, as you can see in this video.

We didn’t get to see in the trunk, or under the hood (frunk?), or in the charge ports – which are on both sides of the vehicle, but we don’t know if they’ll use NACS or not (but they had better, considering literally everyone else will soon).

The AFEELA will have a full suite of sensing abilities for safety and driver assistance, with the goal of achieving “level 2+ or level 3” autonomy, according to the reps we talked to (though previously SHM has said level 3/4). The difference between levels 2 and 3 is quite significant, though – the only level 3 system on (some) US roads currently is Mercedes DRIVE PILOT, and the big jump here is that level 3 systems can take responsibility for the driving task in certain situations, whereas level 2 cars are always the responsibility of a human driver.

So not only is there a big step between those two, but there’s a lot of variation within level 2 systems. SHM says that it will utilize machine learning to develop its autonomous software – which is a bit of a nod to that AI buzzword it dropped a lot at CES this year, but which is indeed an effective way to develop autonomous software.

That said, currently, even with the newest “mind-blowing” version of FSD, Teslas are still level 2 vehicles that require human drivers. And Tesla has a lot more driving data to comb through with its machine learning algorithms (which it only recently started doing with FSD v12) than SHM (or anyone) has. So we think it’s ambitious to suggest the AFEELA will be level 3 capable anywhere near its 2026 release target.

But – SHM does have more sensors than Tesla does. Tesla has waffled between using vision-only, vision-plus-radar, and vision/radar/ultrasonics systems, but AFEELA uses all of those plus LiDAR – complete with a LiDAR “taxi bump” above the windshield.

And SHM does have Honda behind it, which means that all of these in-car experiences that Sony showed off will be paired with Honda’s global-scale manufacturing and distribution network. The plan is to build the car in Ohio (which means potential US tax credit availability, though SHM hasn’t announced a battery supplier yet – though Honda is co-invested in an Ohio facility with LG), though Sony would like to establish direct customer relationships rather than going through dealers. That decision is still somewhat up in the air, though – either option has its positives and negatives.

Now – as I’ve mentioned many times, and as SHM told me many times, this was more of a tech demo than anything. We asked SHM a lot of questions about what will happen with this car, and they couldn’t really answer many of them (including no comment on the SUV variant). There are a lot of decisions still to be made – or at least, that have not yet been publicized – in the next 2 years before this car hits the road. As you’ve probably noticed throughout the above text.

The sheer scale of the decisions that still need to be made does make us question whether 2026 is still in the cards. Sony has been working on this car for a long time now – since before 2020 – so 2026 isn’t an unreasonable timeline in that respect. And I’ve long been impressed by the gradual nature of Sony’s, and now SHM’s, reveals about this vehicle. They’re not promising the world or anything too unrealistic (well, until this last CES – it got too buzzwordy, with AI and AR and what-have-you), now they just have to execute on what have mostly been realistic goals.

But there’s still a whole lot to do, or at least a whole lot to announce, before we get there. And they’ve said they plan to take preorders in the US starting first half of 2025, so that’s only a year away.

It feels like a daunting task – but unlike other “EV startups,” this one is funded by two of the largest companies in Japan who have tons of experience both in software/UX and auto manufacturing (though perhaps not much in EV manufacturing, yet). So it’s a little different than evaluating a prototype of a starting-from-scratch EV startup. They’ve certainly got the resources to bring this over the line, and we’re excited to see what it looks like when they do.

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Mercedes-Benz unveils the new CLA Shooting Brake EV with impressive range

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Mercedes-Benz unveils the new CLA Shooting Brake EV with impressive range

The new CLA Shooting Brake is the first electric Mercedes vehicle available as an estate. It’s more spacious, more capable, and more high-tech than ever.

Meet the new Mercedes CLA Shooting Brake EV

Mercedes introduced the new CLA Shooting Brake on Tuesday, its first electric estate car. The Shooting Brake arrives as the second EV from the luxury brand’s new entry-level family of vehicles.

The electric wagon takes the best of the new CLA, which was revealed just a few weeks ago, and adds more space and capability.

It’s also bigger than the current CLA Shooting Brake, offering a more spacious interior. The new EV measures 4,723 mm in length, or 35 mm longer than the outgoing model.

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With an extended wheelbase of 2,790 mm (+61 mm), the electric version offers 14 mm more headroom and 11 mm more legroom in the front. Rear passengers gain 7 mm of headroom but lose 6 mm of legroom compared to the current model.

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Mercedes-Benz CLA Shooting Brake models (Source: Mercedes-Benz)

Boot space is 455 L, which is 50 L more than the CLA sedan, but 30 L less than the outgoing Shooting Brake. However, it does include an added Frunk (front trunk) for an extra 101 L of storage space.

With all seats folded, overall storage space is 1,290 L. It also comes with standard roof rails, which Mercedes claims can easily fit surfboards or bicycles with a 75 kg (165 lbs) load capacity.

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Mercedes-Benz CLA Shooting Brake with EQ Technology (Source: Mercedes-Benz)

Inside, the new Shooting Brake is nearly identical to the CLA Sedan. It features the new Mercedes-Benz Operating System (MB.OS) with its fourth-gen infotainment.

The setup includes a 14″ infotainment and 10.25″ driver display screens. An extra 14″ passenger screen is available. A trim piece with star-pattern graphics replaces it if not. All three screens are powered by the latest-gen chips and graphics from Unity Game Engine.

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Mercedes-Benz CLA Shooting Brake EV interior (Source: Mercedes-Benz)

Powered by the new Mercedes-Benz Modular Architecture and an 85 kWh battery, the new Shooting Brake EV offers up to 473 miles (761 km) WLTP range.

It will be available in single and dual-motor powertrains. The base CLA 250+ Shooting Brake has 268 hp (200 kW) output and a WLTP range of up to 473 miles (761 km). Meanwhile, the dual-motor CLA 350 4MATIC Shooting Brake has combined 349 hp (260 kW) and a range of up to 454 miles (730 km).

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Mercedes-Benz CLA Shooting Brake EV interior (Source: Mercedes-Benz)

Based on its 800V architecture, the new electric estate can add 193 miles (310 km) WLTP driving range within 10 minutes. Mercedes said that should be plenty to get from Geneva to Milan or Berlin to Hamburg.

Mercedes will introduce new EV variants in early 2026, followed by a 1.5 L hybrid model. Prices will be revealed closer to launch, but it’s expected to start slightly higher than the current model. The current CLA Shooting Brake starts at around €40,000 ($46,500) in Europe.

Following the new CLA and CLA Shooting Brake, Mercedes-Benz plans to launch two SUVs. Check back soon for more info on the upcoming lineup.

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U.S. moving fast to secure access to critical minerals to counter China’s dominance of market, Pentagon says

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U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says

MP Materials CEO on deal with the Defense Department

The Pentagon is taking immediate action to boost critical mineral production in the U.S. and counter China’s dominance of the supply chain for rare earth magnets, a defense official told CNBC on Tuesday.

The Defense Department last week agreed to buy a direct equity stake in MP Materials, which will make the U.S. government the miner’s largest shareholder. MP operates the only rare earth mine in the U.S. located at Mountain Pass, California, and a magnet plant in Forth Worth, Texas.

When asked whether the Pentagon is considering similar investments in other U.S. mining companies, the defense official said it is looking at opportunities to strengthen domestic critical mineral production.

“Rebuilding the critical minerals and rare earth magnet sectors of the U.S. industrial base won’t happen overnight, but DoD is taking immediate action to streamline processes and identify opportunities to strengthen critical minerals production,” official said in a statement.

Rare earths are used in weapons such as the F-35 warplane, drones and submarines among other other military platforms. The U.S. was almost entirely dependent on foreign countries for rare earths in 2023, with China representing about 70% of imports, according to the U.S. Geological Survey.

MP Materials CEO James Litinsky told CNBC last week that he views the public-private partnership with the Defense Department as a model for other companies in industries that are important for national security but struggle to compete against the state-backed enterprises in China.

“I’d like to think that this is sort of the first, it’s a model,” Litinsky told CNBC’s “Squawk on the Street” on Thursday. “We have to deliver at MP and show that this is an incredible route to go. But it’s a new way forward to accelerate free markets, to get the supply chain on shore that we want.”

Interior Secretary Doug Burgum said in April that the U.S. government was looking at taking direct equity stakes in critical mineral and rare earth miners to break China’s dominance. The Trump administration is also looking at stockpiling critical minerals and creating a sovereign risk insurance fund to protect companies investments’ in federally approved projects, Burgum said at an energy conference in Oklahoma City.

The Pentagon makes long-term investments in mining, processing and refining critical minerals, the defense official told CNBC. It has invested $540 million so far to support a critical mineral and rare earth supply chain in the U.S. and allied nations, the official said.

“That is significant, and DoD will continue to such efforts in accordance with congressional appropriations and statutory authorities,” the official said.

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Crypto super PAC Fairshake reports $141 million war chest

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Crypto super PAC Fairshake reports 1 million war chest

Jakub Porzycki | Nurphoto | Getty Images

Fairshake, the cryptocurrency industry’s most powerful political action committee, announced Tuesday that it now holds more than $141 million in cash on hand, underscoring the sector’s growing influence as Congress takes up landmark legislation this week.

The total, which includes liquid assets like crypto, stock, and cash, reflects a surge of donations from digital asset executives and firms, including a fresh $25 million from Coinbase.

Fairshake and its two affiliated PACs — Defend American Jobs and Protect Progress — have raised $109 million since Election Day in 2024 and $52 million during just the first half of this year.

“We are building an aggressive, targeted strategy for next year to ensure that pro-crypto voices are heard in key races across the country,” said spokesperson Josh Vlasto.

Ethereum succeeded beyond anyone's expectations, says network co-founder Vitalik Buterin at EthCC

The announcement lands in the middle of what lawmakers are calling “Crypto Week” on Capitol Hill, as the House begins deliberations on a trio of long-awaited bills that would define how digital assets are regulated.

The legislation includes the dividing of oversight, setting new stablecoin rules, and a bill banning the creation of a central bank digital currency.

The crypto industry is no longer just lobbying for survival, it is shaping the political landscape. Fairshake saw nearly every candidate it backed in 2024 win their race.

“We stuck to our core strategy from Day 1,” Fairshake previously told CNBC. “We supported pro-crypto candidates and opposed those who played politics with jobs and innovation, and won.”

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How crypto and fintech may perform under the second Trump administration

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