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Mitsubishi Motors has joined Nissan and Honda in an EV tie-upwhere all three companies share key components and software.
Nissan and Honda announced an EV collaboration in March.
Nissan CEO Makoto Uchida, Nissan says: “We are very pleased to welcome a new member to the strategic partnership between Honda and Nissan. Mitsubishi Motors has unique technologies and expertise.”
Honda CEO Toshihiro Mibe, said the industry is going through a “once in a century” period of 
transformation towards electrification and collaboration would help resolve related issues more quickly.
Mitsubishi Motors CEO Takao Kato, said that collaboration is essential to future success in the automotive industry.
Former Nissan boss Carlos Ghosn was scathing about the move: “I can’t imagine for one moment how it’s going to work between Honda and Nissan unless it’s a takeover, unless it’s a disguised takeover by Honda of Nissan and Mitsubishi with Honda in the driver’s seat. It’s going to be a takeover, a disguised takeover,” he told Automotive News.
As for Ghosn’s comment I would say “Better that than the French Govt takeover by stealth that Nissan thwarted by arresting you”