Honda signs EV MOU with Mitsubishi, Nissan

AutoExec Summary
Honda, Mitsubishi, and Nissan have signed a memorandum of understanding (MOU) to jointly discuss a framework for further intelligence and electrification of automobiles. Honda president Tosihiro Mibe stated that the automobile industry is in a period of transformation and the collaboration between the three companies will help lead societal reforms. The partnership aims to accelerate initiatives for achieving carbon neutrality and a zero-traffic-accident society. Discussions are being conducted on a broad scope including environment, electrification technologies, and software development. Nissan president Makoto Uchica expressed excitement about the partnership and the unique technologies and expertise that Mitsubishi Motors brings. The companies believe that new value can be created by integrating their technologies and knowledge. Mitsubishi Motors president Takao Kato highlighted the importance of collaboration in the rapidly changing automotive industry.

Brands mentioned: Honda, Mitsubishi, Nissan.