Nissan and Honda to start feasibility study of strategic partnership

Partnership aimed towards a future of electrified and intelligent mobility

TOKYO, Mar 18, 2024 – (JCN Newswire) – Nissan Motor Co., Ltd. (Nissan) and Honda Motor Co., Ltd. (Honda) announced today that the two companies have signed a memorandum of understanding under which they will begin a feasibility study of a strategic partnership in the fields of vehicle electrification and intelligence.

To further accelerate efforts toward carbon neutrality and zero traffic-accident fatalities, it will be essential to strengthen environmental and electrification technologies as well as software development. The two companies have reached the understanding based on the belief that it is necessary to combine their strengths and explore the possibility of future collaboration.

The scope of the feasibility study includes automotive software platforms, core components related to EVs, and complementary products.

Makoto Uchida, president and CEO, said: “It is important to prepare for the increasing pace of transformation in mobility in the mid-to-long-term, and it is significant that we have reached this agreement based on a mutual understanding that Honda and Nissan face common challenges. We look forward to further discussions and aim to find win-wins for sustainable growth.”

Toshihiro Mibe, Honda director, president and representative executive officer, said: “In this period of once-in-a-century transformation in the automotive industry, we will examine the potential for partnership between Nissan and Honda. Our study criteria will be whether the synergy of the technologies and knowledge that our companies have cultivated will enable us to become industry leaders by creating new value for the automotive industry.”

News URL: https://www.acnnewswire.com/press-release/english/89603/

URL: https://plus.google.com/110355594819754396833 | Facebook : https://www.facebook.com/HondaJP | Twitter : https://twitter.com/HondaJP | Youtube : https://www.youtube.com/user/HondaJPPR | Linkedin : https://jp.linkedin.com/company/honda |

Are you a die-hard NASCAR fan? Follow every lap, every pit stop, every storyline? We're looking for fellow enthusiasts to share insights, race recaps, hot takes, or behind-the-scenes knowledge with our readers. Click Here to apply!

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of SpeedwayMedia.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles

Ken Roczen Wins in Glendale to Become Fourth Different Winner in Five Races to Open...

The fifth round of the 2026 Monster Energy SMX World Championship was headlined by the largest audience ever for a Monster Energy AMA Supercross Championship race inside State Farm Stadium

Corey Heim scheduled for 12 Cup starts with 23XI Racing in 2026

Corey Heim will be competing in select NASCAR Cup Series events for 23XI Racing throughout the 2026 season.

JOSH BILICKI PARTNERS WITH FLEX POWER IN MULTI-RACE AGREEMENT THAT GOES BEYOND THE TRACK

NASCAR driver Josh Bilicki today announced that he has partnered with Flex Power for two races during the 2026 NASCAR O’Reilly Auto Parts Series season.

Beard Motorsports: Anthony Alfredo Daytona 500 Advance

Driver Anthony Alfredo continues his recent run of Cup Series outings with Beard Chevrolet this week at Daytona.

Best New Zealand Online Casinos