Report: Mitsubishi to Partner with Honda and Nissan

by Chris Teague

Published: July 29th, 2024

report mitsubishi to partner with honda and nissan

Mitsubishi and Nissan have been part of an alliance with Renault for years now, but the two are now reportedly considering teaming up with Honda as well. Nikkei Asia reported that Mitsubishi wants in on the existing partnership between Honda and Nissan, saying the trio would focus on “automotive software platforms, core components related to EVs, and complementary products.”

Nikkei Asia said that Mitsubishi has signed a non-disclosure agreement with Honda and Nissan. Their efforts would help all three in a global auto market increasingly dominated by Chinese exports. While the partners’ roles in the alliance and the eventual structure are not yet clear, all three benefit significantly from reduced costs and faster vehicle development.

Honda has expanded its efforts with other automakers in recent times, teaming up with Sony and General Motors on two independent EV ventures. The Sony-Honda Afeela hasn’t yet hit the streets, but the Honda Prologue has. It’s built on GM’s Ultium Platform and shares some components with the Chevrolet Blazer EV.

These types of partnerships will likely increase in frequency as time passes and EVs become more common. Developing new technologies is exceedingly costly, leading many automakers to lose money on every new EV sold. Several have also announced plans to back peddle on EV development and focus more heavily on hybrids and plug-in hybrids to meet the increasing demand for lower-cost electrified vehicles.

[Images: Mitsubishi]

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#Mitsubishi #Honda #Nissan

Chris Teague

Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.

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MKizzy on Jul 29, 2024
LED televisions are regarded as affordable today because there is a huge amount of parts sharing between brands to the point were the majority of LED TV models share the same innards. The same will likely happen with BEVs as parts and technology sharing by multiple automakers is the most logical path to attaining affordable price points at the cost of more than skin deep differentiation between models.

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Jalop1991 on Jul 29, 2024
Mitsubish, Honda, and Nissan. Hmmmmm. Hi there, fellows. Meet Ken and Lonny. Larry. Ken, Lonny, l'd like you to meet Mohammet, Jugdish, Sidney and Clayton. Grab a seat and make yourselves at home. Don't be shy about helping yourselves to punch and cookies.

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