Car News Wire

Honda signs partnership papers with Nissan for EV production

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

Car Car Headlines News

Car Car Latest News,Car Car Headlines

Honda has announced the signing of a partnership with Nissan for the introduction of future electric vehicles.

Partnership has been viewed as a direct answer to the influx of affordable electric vehicles from China in both Japan and Europe.

“We cannot win the competition as long as we stick to conventional wisdom and traditional approach,” he told a joint news conference announcing a feasibility study of the partnership.Media reports said the partnership could include joint development of a common EV powertrain, a so-called e-axle, and joint procurement of batteries.

Just 1.7% of cars sold in Japan in 2022 were electric compared to 15% in western Europe and 5.3% in the United States. Honda and Nissan are even considering cutting production capacity in China as sales decline, according to media reports.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Emotional recall – The new Honda ElevateA couple of weeks ago, I got to test-drive the new Honda Elevate, a subcompact SUV manufactured in India and built on the same platform as my first two cars, the Honda Ballade.
Source: dailymaverick - 🏆 3. / 84 Read more »