Mitsubishi Motors’ shares up on reports it will join Honda-Nissan partnership

Shares in Mitsubishi Motors (7211.T) surged on Monday following media reports that the Japanese automaker is in talks to join Nissan’s (7201.T) and Honda’s (7267.T) planned strategic partnership.

Nissan and Honda said in March they were looking at collaborating on electric vehicle components and artificial intelligence in automotive software platforms, though they are not planning a capital tie-up.

Representatives for the three automakers declined to comment. Shares in Mitsubishi...