Nissan and Honda sign MOU for EVs and vehicle intelligence

Nissan and Honda recently announced the signing of a Memorandum of Understanding (MoU), which will see the two companies beginning a feasibility study of a strategic partnership in vehicle electrification and intelligence. 

To accelerate efforts in achieving carbon neutrality and zero-traffic accident fatalities - goals shared by the both firms - the two carmakers have reached the understanding based on the belief that it is essential to combine strengths and explore future opportunities for collaboration.

The memorandum of understanding marks the start of a study on how both companies can work together, creating win-win situations for both companies in terms of sustainable growth

Since 2004, Nissan's research and development team has been working on technologies to protect those in their vehicles. Beyond that, Nissan has a goal of achieving complete carbon neutrality for their operations and product life cycle by 2050. 

Honda, similar to Nissan, also plans to achieve carbon neutrality by 2050. Honda has also set a goal for zero traffic-accident fatalities involving its motorcycles and automobiles worldwide by 2050.

In turn, strengthening environmental and electrification technologies, as well as software development, is essential in accelerating efforts towards both carbon neutrality and zero traffic-accident fatalities.

Nissan and Honda have similar goals for carbon neutrality, with both companies releasing electric vehicles (EVs). Pictured: The Nissan Ariya and Honda Prologue, both of which are among the first bespoke EVs built by their respective firms

Speaking on the news, President and CEO of Nissan, Makoto Uchida, stated that the company aims to reach a win-win situation in terms of sustainable growth for both firms. He also emphasised the importance of preparing for the increasing pace of transformation in mobility in the mid-to-long term. 

Toshihiro Mibe, Director, President and Representative Executive Officer of Honda, added that the joint study will explore whether the synergy of the technologies and knowledge cultivated jointly will enable the companies to become industry leaders, by creating new value for the automotive industry.

In turn, the feasibility study will explore automotive software platforms, core components related to EVs and also complementary products.