Nissan and Honda are close to reaching an agreement to co-develop automotive software for future vehicles and to collaborate in establishing electric vehicle (EV) charging networks, according to local reports.
The two automakers want to share costs and speed up development of new technology and infrastructure with the aim of making up ground on their global competitors in the transition to zero emission and software defined vehicles.
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The two automakers are currently understood to be thrashing out the finer details of agreements covering the joint development of a shared operating system and other software.
Both Honda and Nissan have yet to comment on these latest reports but Nissan did say the two companies were exploring various collaborations and that an announcement would be made at an appropriate time.
Last March, reports emerged that the two automakers had begun early stage discussions with a view to jointly procuring and sharing major BEV components in Japan to help reduce costs and help them compete in the fast evolving global BEV market.
Earlier this year, Nissan CEO Makoto Uchida said his company was open to working with Honda in establishing EV charging infrastructure both in Japan and in overseas markets.
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By GlobalDataThe two automakers have fallen behind global rivals including Chinese and South Korean automakers, as well as Tesla, in the transition to zero emission vehicles and are coming under increasing pressure to catch up.
