In a move aimed at accelerating efforts towards carbon neutrality and enhancing road safety, Nissan Motor Co., Ltd. (Nissan) and Honda Motor Co., Ltd. (Honda) have announced today the signing of a memorandum of understanding. Under this agreement, the two automotive giants will embark on a feasibility study to evaluate the potential for a strategic partnership in the realms of vehicle electrification and intelligence.
Recognizing the imperative of bolstering environmental and electrification technologies, as well as advancing software development, Nissan and Honda have united in the belief that leveraging their respective strengths through collaboration holds significant promise for the future.
The scope of the feasibility study encompasses a wide array of domains, including automotive software platforms, core components pertinent to electric vehicles (EVs), and complementary products. By pooling their expertise in these areas, both companies aim to chart a course towards sustainable growth while addressing common challenges in the evolving mobility landscape.
Commenting on the agreement, Makoto Uchida, President and CEO of Nissan, emphasized the importance of preparing for the rapid transformation unfolding in the mobility sector. He stated, “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.”
Echoing this sentiment, Toshihiro Mibe, Honda’s Director, President, and Representative Executive Officer, highlighted the pivotal juncture in the automotive industry’s evolution. He remarked, “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.”
As Nissan and Honda embark on this collaborative journey, the automotive world eagerly anticipates the outcome of their feasibility study and the potential implications for the future of vehicle electrification and intelligence. With sustainability and innovation at the forefront, this strategic partnership holds the promise of reshaping the automotive landscape for years to come.
