- The Honda-Nissan alliance is expanded with the addition of Mitsubishi.
- The three automakers will collaborate on software development and electrification to better compete with rivals from China.
- Honda and Nissan deepen their ties, confirming talks about future SDVs (software-defined vehicles) shared EV components, and supplementing models.
Mitsubishi confirmed the rumors about joining the newly formed Honda-Nissan alliance, with the three companies signing a memorandum of understanding earlier today. The trio of Japanese automakers will collaborate on software development and share the R&D costs of electrification. Furthermore, Nissan and Honda agreed on supplementing models in their respective lineups in certain regions around the world.
The original agreement between Honda and Nissan was signed in March 2024, but now Mitsubishi has stepped into the partnership. The mutual announcement suggests that the addition of a third partner will allow “further synergies” and create “new business opportunities”.
More: Honda And Mitsubishi Join Forces For EV Leasing And Battery Recycling In Japan
The goal is to …
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