Nissan (NSANY) & Honda (HMC) Plan to Co-Develop EV Software [Yahoo! Finance]
Honda Motor Company, Ltd. (HMC)
Last honda motor company, ltd. earnings: 2/7 03:16 am
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Source: Yahoo! Finance
Their goal is to share costs and accelerate the development of new technology and infrastructure, aiming to catch up with global competitors in the transition to zero-emission and software-defined vehicles. These companies are currently finalizing details of agreements for the joint development of a shared operating system and other software. Neither Honda nor Nissan has commented on these recent reports. However, per Nissan, both companies are exploring various collaborations and will make an announcement at the appropriate time. Reportedly, in March, the two automakers began early-stage discussions to jointly procure and share major BEV components in Japan to reduce costs and compete in the rapidly evolving global BEV market. Facing increasing competition from global EV leaders like Tesla and new players from China and South Korea, Nissan and Honda's partnership aims to reduce production costs and streamline operations, making their EVs attractive to price-sensitive consumers
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HMC
Sec Filings
- 10/2/24 - Form 6-K
- 9/18/24 - Form 6-K
- 9/17/24 - Form 6-K
- HMC's page on the SEC website