Mitsubishi has joined two other Japanese brands to join forces to catch up with rivals in the electric car market.
A new creation has appeared in the complex structure of global car companies – the alliance created by Renault-Nissan-Mitsubishi will create another association in which three Japanese car manufacturers: Mitsubishi, Nissan and Honda will sign a cooperation agreement .
It is known that Nissan will be working with Honda on car software, as well as developing electric cars together. Mitsubishi, a third owned by Nissan, is not yet formally included in the strategy, but has already signed a memorandum of understanding.
The companies will create custom software, including autonomous driving systems, develop traction batteries and share electric motors together.
In this way, manufacturers hope to save money, accelerate the development of technologies and models. Manufacturers are coming together to fight the growing desire of Chinese companies to outcompete other companies in important markets, especially in the electric car sector.
In this area, Japanese manufacturers are lagging behind – for example, last year Nissan and Honda sold only 160 thousand battery cars, while China’s BYD alone sold 1.57 million electric vehicles.
Recently, Toyota, Mazda and Subaru announced their cooperation – these Japanese manufacturers put their main goal on the development of universal internal combustion engines that can work on various types of fuel, especially carbon neutral .
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2024-08-09 08:09:32
#Mitsubishi #joins #Nissan #Honda
