Japan's Nissan and Honda to announce EV tie-up: reports

AFP

The memorandum of understanding could include cooperation on a common EV powertrain and joint procurement of batteries and other components

Staff Writer, Agence France-Presse (AFP)

March 15, 2024

PHOTO

Japanese auto giants Nissan and Honda will announce a tie-up in developing electric vehicles on Friday, local media said, an alliance aimed at taking on China's dominant manufacturers.

The memorandum of understanding could include cooperation on a common EV powertrain and joint procurement of batteries and other components, the reports said.

The firms announced a joint news conference at 3:30 pm (0630 GMT) in Tokyo without giving further details.

Nissan was not immediately available for comment and Honda declined to answer questions on the reports.

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