Nissan and Honda consider joint EV alliance

According to Japanese media, Nissan and Honda are considering cooperation on electric cars. It would be about jointly procuring parts and sharing essential components for their respective EVs to reduce costs.

Nissan and Honda are competitors and did not comment on a possible cooperation when asked. The information is mainly based on reports from TV Tokyo and Nikkei Asia, citing insiders. According to TV Tokyo, the two sides will discuss an alliance in undefined fields. Nikkei writes that Nissan and Honda could work together on electric vehicles to better compete with Chinese rivals.

Just yesterday, it became known that Nissan and Honda plan to significantly reduce their production capacities in China due to alleged difficulties in keeping up with Chinese competitors in the race for electric cars. However, this will be merely a reduction in production capacity and not a (partial) sale of shares in the respective China joint ventures.

Citing several Nissan sources, Nikkei now reports that both Japanese companies are considering the introduction of a joint powertrain, joint procurement, and the development of a joint platform. Additionally, the cooperation could “possibly” also extend to the procurement of batteries and the joint development of electric vehicles.

Nissan is standing firmly alongside Renault when it comes to EVs, especially in Europe. Nissan’s next electric Micra will be built on the same platform as the recently unveiled Renault 5, but both sides have somewhat loosened their alliance in 2023. Since then Renault has also been cooperating with new partners, such as Geely.

english.kyodonews.net, reuters.com, asia.nikkei.com (Paywall)