English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 1 August 2024, 17:33 JST
Share:

Source: Nissan
Nissan, Honda and Mitsubishi Motors sign MOU on strategic partnership

TOKYO, Aug 1, 2024 - (JCN Newswire) - Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation announced today that the three companies have signed a memorandum of understanding to jointly discuss a framework for further intelligence and electrification of automobiles based on the agreement signed by Nissan and Honda on March 15.

Nissan and Honda are working to further accelerate initiatives aimed at achieving carbon neutrality and a zero-traffic-accident society. In anticipation of collaboration in areas such as environmental technologies, electrification technologies, and software development, discussions are being conducted on a broad scope.

To accelerate this process, it is essential to create new value by integrating the technologies and knowledge cultivated by each company, and to improve business efficiencies. The participation of Mitsubishi Motors in the areas of potential collaboration considered and discussed by Nissan and Honda will not only add new knowledge and strengths but will also provide further synergies that can only be generated by the three companies, as well as new business opportunities.

Comment from Makoto Uchida, Representative Executive Officer, President and CEO, Nissan

"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."

Comment from Toshihiro Mibe, President and Representative Executive Officer, Honda

"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."

Comment from Takao Kato, Representative Executive Officer, President and CEO, Mitsubishi Motors

"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.”



Topic: Press release summary
Source: Nissan

Sectors: Automotive
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Nissan Related News
2024年8月1日 17時00分 JST
日産自動車、Hondaと三菱自動車、三社での戦略的パートナーシップ検討の覚書を締結
Thursday, 1 August 2024, 16:09 JST
Nissan and Honda agree to joint research in fundamental technologies for next-generation SDV platform
Monday, 18 March 2024, 17:29 JST
Nissan and Mitsubishi Corporation agree to explore new business in next-generation-mobility and energy-related services utilizing EVs
2024年3月18日 14時00分 JST
日産自動車と三菱商事、次世代モビリティサービスとEVを活用したエネルギー関連サービスの新規事業を検討する覚書を締結
Monday, 18 March 2024, 12:14 JST
Nissan and Honda to start feasibility study of strategic partnership
More news >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575