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

SM SPEEDWAY SHOTS

Latest articles

Jett Lawrence Captures Unadilla Victory and Reclaims Control of Pro Motocross Championship

Jett Lawrence [#1] captured his fourth win of the season and reclaimed the 450SMX Class points lead along with it.

Foster’s New Track Record Earns First Markham Pole

Second-year NTT INDYCAR SERIES driver Louis Foster shone brightest amid a setting sun as a long first day of the inaugural Ontario Honda Dealers Indy at Markham came to an end.

Team Penske NASCAR Cup Series Race Report – Richmond

Austin Austin Cindric and the No. 2 Menards/Quaker State Ford Mustang Dark Horse team charged from 23rd to a third-place finish Saturday night at Richmond Raceway, earning their second top-five finish of the season in the Cook Out 400.

RFK Racing – Richmond Executive Summary

With two cars starting inside the top ten Saturday night, Roush Fenway Keselowski (RFK) Racing was among the strongest cars in the field when the green flag dropped at Richmond Raceway.

Best New Zealand Online Casinos