Nissan Motor Co., Ltd. (Nissan), Honda Motor Co., Ltd. (Honda), and Mitsubishi Motors Corporation (Mitsubishi Motors) today agreed to terminate their MOU regarding the consideration of the structure for a tripartite collaboration in light of the termination of the MOU signed on December 23 last year regarding the consideration of a business integration between Nissan and Honda.
Going forward, the three companies will collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles. This framework was established with the MOU signed on August 1 last year, striving to create new value and maximize the corporate value of each company.
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