Mitsubishi joins Honda and Nissan partnership to develop new EVs

Mitsubishi has now joined Honda and Nissan to develop new electric vehicles and services as the companies look to tackle some of the automotive market’s biggest challenges together.

This new development follows on from Nissan and Honda’s initial agreement signed in March this year.

Nissan and Honda are working to further accelerate initiatives aimed at achieving carbon neutrality and a zero-traffic-accident society.

In anticipation of collaboration in areas such as environmental technologies, electrification technologies, and software development, the vehicle manufacturers have said discussions are being conducted “on a broad scope”.

In a statement about the collaboration, the companies said the addition of Mitsubishi would add “further knowledge and synergies that can only be generated by the three companies”.

Makoto Uchida, Nissan representative executive officer, president and chief executive, said: “We are very pleased to welcome a new member to the strategic partnership between Honda and Nissan.

“Mitsubishi Motors has unique technologies and expertise and has been collaborating with Nissan as a partner.

“Through collaboration among the three companies, we expect the partnership to evolve into something that creates greater value, and to deliver unique products and services from each company that meet the diverse needs of customers."

Toshihiro Mibe, Honda president and representative executive Officer, said the industry is currently experiencing a “once in a century” period of transformation towards electrification.

Mibe said this new collaboration between the companies would help each of them more quickly resolve “various issues” related to electrification and intelligence on a global scale.

Takao Kato, Mitsubishi Motors representative executive officer, president and chief executive, said that collaboration with partners is essential to future success in the automotive industry.

He added: “We believe that we can discover new possibilities in a variety of fields through collaboration among the three companies.”