Nissan and Honda to Jointly Research Software, Talk with Mitsubishi
- BY Dhiren
- August 4, 2024
- Read in 2 Minutes
According to a joint statement issued on Wednesday, Japanese automakers, Nissan Motor, and Honda Motor have agreed to continue cooperative research into technologies for a next-generation software platform.
The businesses also signed a letter of intent to expand their strategic cooperation, which they announced in March. They promised to collaborate in areas such as batteries, e-axles, and vehicle complementation.
According to a separate announcement, the manufacturers signed another memorandum of understanding with Mitsubishi Motors, 34% owned by Nissan. This agreement aims to establish a framework for collaborating on vehicle electrification based on Honda and Nissan’s March deal.
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Nissan and Honda intend to begin fundamental research into technologies for the next-generation software platform in around a year, according to their joint statement.
The effort comes as both businesses, Japan’s third and second largest automakers behind Toyota, struggle to increase electric vehicle sales. They are losing market share in critical markets such as China, where both have made considerable investments.
The pair, which had combined worldwide sales of 7.4 million cars in 2023, faces increasing competition from legacy global brands that have rolled out EVs at a faster rate. They are also competing with companies such as Tesla and China’s BYD.
Nissan and Honda will profit from software collaboration since components such as data processing capabilities and the number of engineers working in the field increase competitiveness, according to Honda CEO Toshihiro Mibe.
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They want to standardize the standards of EV battery cell modules in the medium to long term. This will allow the batteries they plan to acquire used in vehicles from both firms, they added.
The companies said they will investigate whether lithium-ion EV batteries manufactured by L-H Battery Company, a joint venture between Honda and South Korea’s LG Energy Solution, can be provided to Nissan in North America by 2028 or later.
The firms intend to standardize the specs of the e-axles that will use in a future generation of battery-powered automobiles.
