Japan rivals Nissan and Honda will share EV components and AI research as they play catch up
4 months, 3 weeks ago

Japan rivals Nissan and Honda will share EV components and AI research as they play catch up

Associated Press  

TOKYO — Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving. “Companies that don’t adapt to the changes cannot survive,” said Honda Chief Executive Toshihiro Mibe. By coming together in what Mibe and counterpart at Nissan, Makoto Uchida, repeatedly called “making friends” to achieve economies of scale, the companies plan more strategic investments in technology and aim to cut costs by boosting volume. But they will share resources in areas like components and software development, where “making friends” will be a plus, Mibe and Uchida told reporters.

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