Nissan is weighing jointly procuring some parts and sharing major components for their respective EVs to lower costs, the sources said. Discussions within Nissan are still in the early stages and
Automakers worldwide are grappling with the higher costs incurred for developing EVs compared with gasoline-powered models as they carry expensive batteries and state-of-the-art software used for autonomous driving and other sophisticated functions.
"I would say it is a realistic move,"
"They could also expand the scope of cooperation to hybrid cars and batteries," he said.
The two Japanese automakers have been ramping up efforts to strengthen their respective EV businesses in recent years, but overseas rivals such as
Nissan has been increasingly cooperating with its alliance partners
The automaker also aims to put into practical use all-solid state batteries, a next-generation technology expected to significantly boost the range of EVs, by fiscal 2028.
Last year, Nissan decided to invest in
The maker of the Vezel sport utility vehicle said it will make all its new models either EVs or fuel-cell vehicles by 2040.
==Kyodo
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