Honda and Nissan Partner on Next-Gen SDV Platform

TL;DR

Honda & Nissan teaming up for next-gen car software. Big deal for future vehicles.

AI Summary

Honda Motor Co., Ltd. announced on August 1, 2024, that it has entered into a Memorandum of Understanding (MOU) with Nissan Motor Co., Ltd. to conduct joint research on fundamental technologies for the next-generation Software Defined Vehicle (SDV) platform. This collaboration aims to accelerate the development of advanced vehicle software and services.

Why It Matters

This partnership between two major automakers signifies a strategic move to share development costs and expertise in the rapidly evolving field of software-defined vehicles, potentially leading to faster innovation and cost efficiencies.

Risk Assessment

Risk Level: low — The filing is an announcement of a research collaboration, not a financial event, and therefore carries low immediate risk.

Key Players & Entities

• Honda Motor Co., Ltd. (company) — Registrant and partner
• Nissan Motor Co., Ltd. (company) — Partner in joint research
• August 1, 2024 (date) — Date of announcement

FAQ

Filing Documents

• d880582d6k.htm (6-K) — 33KB
• g880582g0314075753679.jpg (GRAPHIC) — 4KB
• g880582g0314075753892.jpg (GRAPHIC) — 3KB
• g880582g23y15.jpg (GRAPHIC) — 3KB
• 0001193125-24-190806.txt ( ) — 48KB

From the Filing

Form 6-K No.1-7628 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF AUGUST 2024 COMMISSION FILE NUMBER: 1-07628 HONDA GIKEN KOGYO KABUSHIKI KAISHA (Name of registrant) HONDA MOTOR CO., LTD. (Translation of registrants name into English) 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo 107-8556, Japan (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Contents Exhibit 1: Honda and Nissan agree Joint Research in Fundamental Technologies for Next Generation SDV Platform - MOU singed to Deepen Strategic Partnership - Exhibit 2: Nissan, Honda and Mitsubishi Motors sign MOU on Strategic Partnership - Study to start of Strategic Partnerships that capitalize on Each Companys Strengths - Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. HONDA GIKEN KOGYO KABUSHIKI KAISHA ( HONDA MOTOR CO., LTD. ) /s/ Sumihiro Takahashi Sumihiro Takahashi General Manager Finance Division Honda Motor Co., Ltd. Date: August 1, 2024 [Translation] August 1, 2024 To: Shareholders of Honda Motor Co., Ltd. From: Honda Motor Co., Ltd. 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, 107-8556 Toshihiro Mibe Director, President and Representative Executive Officer Honda and Nissan agree Joint Research in Fundamental Technologies for Next Generation SDV Platform - MOU singed to Deepen Strategic Partnership - Honda Motor Co., Ltd. today announced that it has agreed to carry out joint research in fundamental technologies in the area of platforms for next generation Software-Defined Vehicles (SDVs) with Nissan Motor Co., Ltd. aimed at the vehicle intelligence and electrification as well as a memorandum of understanding on deepening the framework of the strategic partnership. For details, please see the attached press release. - End - August 1, 2024 Nissan Motor Co., Ltd. Honda Motor Co., Ltd. Nissan and Honda agree to joint research in fundamental technologies for next-generation SDV platform - MOU signed to deepen strategic partnership - TOKYO, Japan-Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. today announced that the two companies have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). This agreement is based on the memorandum of understanding (MOU) signed by the companies on March 15 regarding the commencement of discussions on a strategic partnership for the age of intelligence and electrification. Both companies also today signed an MOU on deepening the framework of the strategic partnership, which is being discussed and considered on a broad scope. Nissan and Honda are engaged in specific discussions and deliberations with a view to collaborating in various fields to further accelerate efforts to realize a carbon-neutral and traffic-accident-free society. Both companies are promoting R&D and investment in various technologies to promote the spread and evolution of EVs, especially SDVs, which are the scope of study in the fields of intelligence and electrification. The two companies also believe that the software field, including autonomous driving, connectivity, and AI, which will determine the value of vehicles in the future and become a source of competitiveness, is an area where technological innovation is extremely rapid and where synergies can easily be obtained through the fusion of resources from both companies, such as technological knowledge and human resources. Based on this shared view, Nissan and Honda have entered into a joint research agreement on fundamental technologies for next-generation SDV platform, and are considering the possibility of providing new value through co-creation. The two companys newly signed MOU is aimed to deepen the strategic partnership to define more specific areas of cooperation and accelerate the realization of the strategic partnership. Going forward, Nissan and Honda will continue to study ways to create further synergies between the two companies and work toward the speedy implementation of specific measures. Next-generation SDV platform 1. Joint research agreement on fundamental technologies for next-generation SDV platform The next-generation SDV platform is the cornerstone of the field of intelligence. The two companies have agreed to condu

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