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Automakers Honda and Nissan will team up to develop electric vehicles

Image: Vertical.co.uk

The companies also plan to study software platforms that will be used in next-generation cars.

Leading Japanese automakers Honda and Nissan have agreed to collaborate on the development of electric vehicles and “intelligent mobility.” NHK reported this.

The corporations signed a memorandum of understanding for a feasibility study of the strategic partnership.

Honda has a large market share in North America, while Nissan has production bases in Europe. In all likelihood, they will be able to support each other in their global strategies.

The companies are lagging behind their US and Chinese competitors in developing electric vehicles, but they hope to work together to jointly buy parts and build key components related to electric vehicles.

The companies also plan to study software platforms that will be used in next-generation cars.

We remind you that the Japanese corporation Sony, together with Honda, presented an improved version of the Afeela electric car at CES 2024.

It was previously reported that the global electric car market has grown by 34% since the beginning of the year.

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Source: korrespondent

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