While the two companies do intend to pool resources for EV development, no concrete decisions have been made.
Cost has been a major barrier to EV adoption, with other companies struggling to lower prices.
Honda previously announced plans tocooperatewith Sony and GM to develop EVs.
The latterinitiativeaims to produce low-cost vehicles starting in 2027.
The Japanese automaker plans to transition completely to zero-emission vehicles by 2040 and achieve carbon neutrality by 2050.
