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Honda and Nissan Sign MoU for EV Technology Sharing
Nissan Motor and Honda Motor said today in Japan that they have signed a memorandum of understanding whereby they will begin a feasibility study of a strategic partnership in the fields of vehicle electrification and intelligence. In what looks like a re-run of the Nissan Renault alliance that pursued economies of scale, the intense capital costs required to develop EVs and autonomous vehicles is making for what would have previously been unlikely hookups.
Honda and Nissan, Japan’s second and third largest automakers, will study sharing automotive software platforms, core components related to EVs, and complementary products. Continue reading →