Nissan and Mitsubishi will form a joint venture to provide services such as L4 autonomous driving and electric vehicle batteries

Geshi Motors News According to Japan’s “Yomiuri Shimbun” report, Nissan Motor and Mitsubishi Corp.

It has been decided to establish a joint venture to provide autonomous vehicles and electric vehicle-related services before the end of fiscal year 2024 (April 2024 to March 2025).

, Photo source: Nissan Motor, Nissan Motor and Mitsubishi Corporation Co., Ltd. aim to provide passenger travel services that use L4 autonomous driving technology (that is, vehicles do not require human participation under certain conditions), as well as electric vehicle batteries for household energy storage and other services.

, The joint venture will be equally funded by Nissan Motor and Mitsubishi Corporation.

Tests such as autonomous driving technology will begin in 2025.

, In terms of autonomous driving, Nissan Motor is currently working on vehicle development, while Mitsubishi Corporation is working on commercializing a system that uses artificial intelligence to determine the best route.

Based on the development results of both parties, the joint venture will operate driverless taxis and other services based on the Japanese government’s regulatory relaxation measures, and will first launch these services in Yokohama City, Kanagawa Prefecture and Nage-cho, Fukushima Prefecture.

Currently, Nissan is conducting demonstration experiments on autonomous driving and other technologies at these two locations.

In terms of electric vehicle batteries, Nissan Motor and Mitsubishi Corporation are studying a service that aims to connect electric vehicles to homes and the power grid, allowing people to use electricity stored in their cars at home or sell it to power companies.

The two sides are also focusing on a project aimed at promoting the recycling and recycling of used electric vehicle batteries, as many used electric vehicle batteries end up flowing overseas and have become a problem.

, Nissan Motor plans to increase sales of autonomous driving and electric vehicle-related businesses to 2.

5 trillion yen by fiscal 2030, but the company has encountered difficulties conceiving a business that can leverage autonomous vehicles.

Amid a falling birth rate, an aging population and labor shortages, Mitsubishi Corporation is accelerating its pace to invest in start-ups and other companies in autonomous driving software development to cope with the future expansion of the autonomous driving market.

At the same time, in the field of electric vehicle batteries, Mitsubishi Corporation has also cooperated with large automobile manufacturers.

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