Nissan Mitsubishi partnership confirmed for EVs, batteries and autonomous driving

A joint venture for digital technologies and services dedicated to the mobility of the future announced. Starting in March 2025

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By: Francesco Barontini

Published by: Brian Potter

Nov 5, 2024 at 4:25am ET

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Mitsubishi and Nissan join forces on the electric car. The two Japanese automakers, which are actually already linked by their co-partnership in the Grand Alliance that also involves Renault, will form a joint venture to provide services related to autonomous driving and zero-emission mobility.

The new joint venture will be officially launched by March 2025 (at the end of the Japanese fiscal year) and will see the two groups participating equally: 50 per cent will be owned by Mitsubishi and 50 per cent will be owned by Nissan.

Nissan moves on several fronts

The news came from the Japanese newspaper Yomiuri, which also said that one of the new company's goals will be to design next-generation batteries and work on related management software to create more efficient electric powertrains.

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With this move, Nissan takes a further step forward in establishing partnerships and collaboration to gain ground in the field of e-mobility. After redefining the balance with Renault (among other things, Nissan will create a compact electric car based on the Twingo), this summer the Yokohama-based company signed an agreement with Honda for the joint design of intelligent electric cars.

Mitsubishi seeks revival

This joint venture could have a particularly important significance for Mitsubishi. The House of the Three Diamonds, in fact, has experienced some difficult years. It is behind on electrics, so much so that it has decided to leave China due to the unattractiveness of the cars on offer, and is trying to project itself into the future with new concepts.

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In addition to the fact that it wants to produce an electric pick-up truck for the United States (together with Nissan), 'Mitsu' will produce an electric car for Europe with the help of Ampere. The company also has a collaboration with Toyota for silicon carbide chips.

In short, it is a historic moment of great excitement for these two Japanese manufacturers. Indeed, it is a moment of great excitement for the whole of automotive Japan. One of the top three countries in the world for car production is in fact setting in motion a widespread movement to reach out to the USA and Europe, as well as China, on the mobility of the future.

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