:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/grupoclarin/BLN44GLEHJE6VDEWQ2KKPFEOX4.jpg "Honda and Nissan will collaborate on the development of electric cars and smart technology")
TOKYO (AP) — Nissan and Honda announced Friday that they will work together on the development of electric vehicles and automotive intelligence technology to pool resources in a sector where Japanese automakers have lagged behind.
The CEOs of Nissan Motor Co. and Honda Motor Co. held a joint news conference in Tokyo to announce that the country’s second and third largest automakers would study the possibilities, scope and areas that show potential for collaboration in electrification and the use of smart cars.
The agreement is non-binding and negotiations will begin now, they added.
Automakers around the world are diving into what promises to be a growing business centered on electric cars, focusing on batteries and motors rather than gasoline engines, as concerns grow about emissions and shifting. climate.
Japanese companies have lagged behind some of their most powerful rivals, such as the American Tesla, in part because they have historically been very successful with combustion engine products.