Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation have signed a memorandum of understanding (MOU) to explore a joint framework for advancing automotive intelligence and electrification. This move builds on a prior agreement between Nissan and Honda from March 15.
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The partnership aims to accelerate initiatives toward carbon neutrality and a zero-traffic-accident society. Discussions cover environmental and electrification technologies, as well as software development.
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Mitsubishi Motors' involvement will enhance the collaboration with new expertise, creating synergies and business opportunities unique to the three-company alliance.