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Mitsubishi Corp, Nissan to establish JV on autonomous driving, EV batteries, Yomiuri says

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The logo of Mitsubishi Corporation is displayed at the entrance of the company headquarters building in Tokyo, Japan, April 26, 2016. REUTERS/Issei Kato/File Photo
The logo of Mitsubishi Corporation is displayed at the entrance of the company headquarters building in Tokyo, Japan, April 26, 2016. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) – Japan’s Mitsubishi Corp and Nissan have decided to establish a joint venture to provide services related to autonomous driving and using electric vehicle batteries as storage batteries, the Yomiuri newspaper reported on Monday.

The new company will be launched by March 2025 and equally owned by the two firms, Yomiuri reported.

(This story has been repeated to change the image, with no changes to text)

(Reporting by Satoshi Sugiyama; Editing by Jamie Freed)

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