REFER REPORT
Nissan Motors (top) and Honda logos
Honda Motor Co. and Nissan Motor Co. announced on the 1st that Mitsubishi Motors, which has formed a corporate alliance with Nissan, will join their discussions on a strategic alliance to strengthen the competitiveness of electric vehicles (EVs). The three major domestic companies will work together to consider standardizing on-board software, which is a core technology, and other areas. They will compete with Tesla Inc. of the United States and Chinese companies that are dominating the global EV market.
Honda and Nissan announced in March that they would begin discussing a partnership. (Kyodo News)
Source: Japanese