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Honda Motor (New York Stock Exchange:HMC) and Nissan Motor (OTCPK:NSANF) are in talks to jointly develop operating systems and other automotive software in an effort to cut costs, Nikkei reported Thursday.
The two Japanese automakers could also work together to bolster charging infrastructure to boost their competitiveness in electric vehicles, the report noted.
In March, Nissan and Honda announced the launch of a feasibility study into a strategic alliance on electrification and vehicle intelligence. The study covered automotive software platforms, EV-related building blocks and complementary products.
Recently, Nissan recordHonda's global retail sales reached 272,405 units in May, down 0.8% from last year. Meanwhile, Honda's global retail sales reached 272,405 units in May, down 0.8% from last year. production In May, 304,423 units were sold, 7.5% less than last year.