Nissan Motor, Honda Motor to Consider EV Partnership
By Kosaku Narioka
Nissan Motor and Honda Motor will consider an electric-vehicle partnership as part of efforts to cut carbon emissions and reduce fatal accidents.
The two Japanese carmakers said Friday that they signed a memorandum of understanding to begin a feasibility study into a strategic partnership. The scope of the feasibility study includes software and core EV parts, they said.
Nissan has been remaking its strategy in major markets following the restructuring of its alliance with Renault and Mitsubishi Motors announced in February last year.
In October, Honda scrapped a plan to develop a series of lower-priced electric vehicles with General Motors, though the companies are continuing to work on a number of projects together, including an initiative to bring a driverless ride service to Japan.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
March 15, 2024 03:08 ET (07:08 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Which AI Stocks Are Turning Hype Into Revenue?
-
Best- and Worst-Performing Stocks of May 2024
-
3 Stocks to Buy and 3 Stocks to Sell in June
-
Markets Brief: Friday’s Job Report in Focus
-
These Stocks Are (Still) Powering the Bull Market
-
5 Undervalued Energy Stocks to Play the AI Data Center Demand Boom
-
After Earnings, Is Lowe’s Stock a Buy, Sell, or Fairly Valued?
-
5 Stocks With the Largest Fair Value Estimate Cuts After Q1 Earnings
-
After Earnings, Is MongoDB Stock a Buy, a Sell, or Fairly Valued?
-
Where We See Opportunities in June as Stocks Recover Losses
-
10 Top-Performing Dividend Stocks of the Month
-
10 Cheap Dividend-Growth Stocks to Buy
-
Manager: Nvidia Will Be Biggest Company in the World
-
The Best Utilities Stocks to Buy
-
3 Cheap Dividend Stocks to Buy Yielding 4% or More
-
After Earnings, Is Salesforce Stock a Buy, Sell, or Fairly Valued?