Japan’s Nissan, Honda to research software platform together

© Reuters. FILE PHOTO: The logo of Nissan is seen on a car ahead of a news conference at Nissan's Sunderland plant in Sunderland, Britain, July 1, 2021. REUTERS/Phil Noble/File Photo

TOKYO (Reuters) – Japanese automakers Nissan (OTC:) Motor and Honda (NYSE:) Motor agreed to conduct joint research into technologies for a next-generation software platform, they said in a joint statement on Thursday.

The companies also signed a memorandum of understanding to deepen the strategic partnership they announced in March, pledging to cooperate in areas such as batteries, e-axles and vehicle complementation.