Honda Motor (NYSE:HMC) and Nissan Motor (OTCPK:NSANF) are currently engaging in discussions regarding a potential collaboration aimed at the joint development of operating systems and other automotive software to enhance cost efficiencies, as reported by Nikkei on Thursday.
The two prominent Japanese automakers are also exploring opportunities to collaborate on strengthening charging infrastructure in a bid to elevate their competitive stance in the realm of electric vehicles, as highlighted in the report.
Earlier in March, Nissan and Honda had publicly disclosed the initiation of a feasibility study for a strategic partnership focusing on vehicle electrification and intelligence. This comprehensive study encompassed automotive software platforms, key components related to electric vehicles, and supplementary products.
Notable recent metrics from the automakers include Nissan’s global retail sales figures for May, indicating sales of approximately 272,405 units, reflecting a marginal decrease of around 0.8% from the corresponding period last year. Meanwhile, Honda’s global production for May reached 304,423 units, marking a decline of about 7.5% compared to the previous year.