In a joint announcement, Nissan Motor Co., Ltd (Nissan) and Honda Motor Co., Ltd. (Honda) have announced their intention to initiate a feasibility study for a strategic alliance in vehicle electrification and intelligence. This ground-breaking move demonstrates their goal to increase efforts toward carbon neutrality and zero traffic-accident fatalities.
Appreciating the essential role of environmental and electrification technologies, as well as software development, they believe that by pooling their respective strengths, they can pave the way for innovative collaborations in the future.
The scope of the feasibility study encompasses a wide range of areas, including automotive software platforms, core components related to electric vehicles (EVs), and complementary products. By exploring synergies in these key areas, Nissan and Honda are aimed to unlock new avenues for sustainable growth.
Commenting on the agreement, Makoto Uchida, President and CEO of Nissan, expressed optimism about the prospects of the partnership, highlighting the common challenges faced by both companies and the potential for mutual benefit.
Due to Uchida’s sentiments, Toshihiro Mibe, Honda’s Director, President, and Representative Executive Officer, underscored the significance of this collaboration amidst the unprecedented changes sweeping the automotive industry. He also declared the need of leveraging the combined expertise and knowledge of Nissan and Honda to drive innovation and shape the future of mobility.
As the automotive landscape continues to evolve at an unprecedented pace, Nissan and Honda are poised to lead the charge toward a sustainable future. By embarking on this feasibility study, they are laying the groundwork for a strategic partnership that has the potential to redefine the automotive industry.