Nissan and Honda seeking EV partnership amid 'new competition'

Japanese auto companies say collaboration will not extend to a capital alliance

20240315 Honda and Nissan

Nissan Motor and Honda Motor announced on March 15 that the two Japanese carmakers will begin a feasibility study for an electric vehicle partnership. (Source photos by Yuki Nakao and Mizuho Miyazaki)

RYOHTAROH SATOH, Nikkei staff writer

TOKYO -- Nissan Motor and Honda Motor announced that they had agreed to begin talks on a potential strategic partnership to collaborate on electric vehicles and automotive software, at a time when the two conventional carmakers are facing stiff competition from market newcomers.

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