Mitsubishi Motors Joins Forces with Honda and Nissan

Japan's Mitsubishi Motors is set to join an alliance with Honda Motor and Nissan Motor, forming an auto group with over 8 million vehicle sales annually. Nissan and Honda announced their consideration of a strategic partnership in March to collaborate on EV components and AI software platforms.

Japan's Mitsubishi Motors is on the brink of joining a powerful auto alliance with Honda Motor and Nissan Motor, the Nikkei business daily reported on Sunday. This coalition is projected to achieve combined sales exceeding 8 million vehicles annually.

In March, Nissan and Honda revealed they were deliberating a strategic partnership. The collaboration aims to bolster production of essential components for electric vehicles (EVs) and enhance artificial intelligence in automotive software platforms.

This strategic alliance promises to forge a robust synergy in the competitive auto industry, leveraging shared resources and technological advancements to push forward in the electric and AI-driven future.

(With inputs from agencies.)