Nissan, Honda, Mitsubishi join forces for EV, electrification
Nissan, Honda, Mitsubishi sign MoU to advance EV tech, software, and electrification
It's officially official. After reports that Mitsubishi will supposedly become part of the Nissan-Honda EV alliance, Nissan has announced today that Mitsubishi has joined the partnership.
Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation recently signed a memorandum of understanding (MoU) to jointly discuss a framework for further intelligence and electrification of automobiles based on the agreement signed by Nissan and Honda last March 15, 2024.
Nissan and Honda are currently working to accelerate initiatives aimed at achieving carbon neutrality and a zero-traffic accident society. In anticipation of the collaboration in areas like environmental technologies, electrification technologies, and software development, discussions are now being conducted on a broader scope.
“We are very pleased to welcome a new member to the strategic partnership between Honda and Nissan. Mitsubishi Motors has unique technologies and expertise and has been collaborating with Nissan as a partner. Through collaboration among the three companies, we expect the partnership to evolve into something that creates greater value, and to deliver unique products and services from each company that meet the diverse needs of customers,” said Makoto Uchida, president & CEO of Nissan.
To further accelerate this process, Nissan and Honda said it's essential to create new value by integrating technologies and knowledge cultivated by each company. With Mitsubishi Motors joining the partnership, not only will this add new insights & strengths, but this will also provide further synergies that can only be generated by three companies, as well as new business opportunities.
“The automobile industry is in a period of transformation said to occur once in a century. We expect that the combination of technologies and knowledge cultivated by Nissan and Honda, as well as the strength and experience of Mitsubishi Motors, will enable us to more quickly resolve various issues related to electrification and intelligence on a global scale, and help lead societal reforms as a top runner,” said Toshihiro Mibe, president of Honda Motor Co.
“Nissan and Honda’s discussions on a possible partnership have progressed, and we have decided to participate in this framework. Collaboration with partners is essential in today's automotive industry, which is undergoing rapid changes due to technological innovations such as electrification and intelligence. We believe that we can discover new possibilities in a variety of fields through collaboration among the three companies,” said Takao Kato, president & CEO of Mitsubishi Motors.
With Nissan, Honda, and Mitsubishi forming an alliance, we can expect more EVs and jointly-developed software to come from the three brands in the near future.
