NSANY - Honda And Nissan Forge Alliance To Boost Electric Car Tech | Benzinga
Nissan Motor Co., Ltd (OTC:NSANY) and Honda Motor Co., Ltd (NYSE:HMC) have entered into a memorandum of understanding for a strategic partnership in vehicle electrification and intelligence.
The scope of the feasibility study includes automotive software platforms, core components related to EVs, and complementary products.
The companies will channelize their efforts to strengthen environmental and electrification technologies to achieve carbon neutrality and zero traffic-accident fatalities.
"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," said President and CEO Makoto Uchida.
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