Toyota Motor Corporation, Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation jointly announced their agreement to work together to promote the installation of chargers for electric-powered vehicles (PHVs, PHEVs, EVs) and build a charging network service that offers more convenience to drivers in Japan. 

Nissan Motor Co., Ltd., and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) will start supplying each other finished light-duty trucks for the Japanese market this January, the latest development in the strategic partnership between the Renault-Nissan Alliance and Daimler AG. MFTBC is a unit of Daimler based in Kawasaki, Japan.

In the global auto industry, cooperation on specific projects among automakers is becoming increasingly common.

It is, in fact, a signal of how our industry is evolving to sustain success over the long term – by leveraging size, scale and investments more effectively to create more value.