India, Feb. 13 -- Nissan Motor Co., Ltd. (NSANF, NSANY), Honda Motor Co., Ltd. (HMC), and Mitsubishi Motors Corporation (MMTOF) on Thursday agreed to terminate their MOU regarding the consideration of the structure for a tripartite collaboration.

This is in light of the termination of the MOU signed on December 23 last year regarding the consideration of a business integration between Nissan and Honda.

Going forward, the three companies would collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles, in line with the framework established with the MOU signed on August 1 last year.

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