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Nissan, Honda, and Mitsubishi Motors have signed a memorandum of understanding (MOU) to explore a strategic partnership. This collaboration aims to leverage each company’s strengths in intelligence and electrification, with a focus on achieving carbon neutrality and a zero-traffic-accident society.
Key Highlights:
- Nissan and Honda initially signed an agreement on March 15.
- Mitsubishi Motors joins to enhance the collaboration.
- The partnership targets advancements in environmental and electrification technologies, and software development.
- The collaboration aims to create new value and improve business efficiencies.
- This partnership is expected to generate unique products and services meeting diverse customer needs.
Nissan and Honda are dedicated to accelerating their efforts towards carbon neutrality and a zero-traffic-accident society. They are discussing collaboration in various fields, including environmental technologies, electrification technologies, and software development, aiming to cover a broad scope.
By integrating their technologies and knowledge, the three companies aim to create new value and improve business efficiencies. Mitsubishi Motors’ participation brings additional knowledge and strengths, offering further synergies and 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.”
This strategic partnership is set to capitalize on the unique strengths of Nissan, Honda, and Mitsubishi Motors, driving advancements in the automotive industry and contributing to societal progress.
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