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 |

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

RacingJunk.com and Leaf Racewear Safety Equipment Giveaway

Latest articles

NASCAR and FloSports Sign Multi-Year Media Extension

National Association for Stock Car Auto Racing, LLC (“NASCAR”) and FloSports, today announced a multi-year extension of its media partnership that will focus on elevating the nation’s premier grassroots racing events and allow them to invest in the sport of short track racing.

Treyten Lapcevich Looking to be a Contender in Stacked South Carolina 400

While most racing divisions are idle for the winter, Late Models will roar to life this weekend at Florence (S.C.) Speedway for the prestigious South Carolina 400.

Legal and Safety: What Happens When a Fan is Injured in a Racing Event

Watching a motorsports event live is thrilling. Millions of fans attend races yearly to experience the high-speed excitement up close

Chevrolet Completes Back-to-Back NASCAR Manufacturer Championship Sweep

For the second consecutive year, and the sixth time overall, Chevrolet swept the manufacturer championship titles across the NASCAR national ranks

Best New Zealand Online Casinos