Japanese automakers Nissan Motor, Honda Motor and Mitsubishi Motors have signed a memorandum of understanding to collectively talk about a framework to develop car electrification.
Nissan and Honda are in discussions to develop environmental and electrification applied sciences in addition to software program to speed up autonomous driving and EV adoption. Mitsubishi’s participation goals to offer additional synergies.
“Nissan and Honda’s discussions on a potential partnership have progressed, and now we have determined to take part on this framework. Collaboration with companions is important in at present’s automotive trade, which is present process fast modifications on account of technological improvements akin to electrification and intelligence. We consider that we are able to uncover new prospects in a wide range of fields via collaboration among the many three corporations,” mentioned Takao Kato, Consultant Government Officer, President and CEO, Mitsubishi Motors.
Supply: Honda Motor