Honda and Nissan in merger talks, reports say

Honda and Nissan have reportedly engaged in talks about a potential merger to boost their competitiveness in the electric vehicle market, particularly in China, where they are losing market share. The Japanese car makers previously agreed to explore a strategic partnership for EVs, responding to the BBC with identical statements confirming their ongoing collaboration. With the industry shifting towards electric vehicles, Honda and Nissan are looking to strengthen their position by deepening their ties and exploring new opportunities for cooperation in technology and intelligence.

Full Article