Honda and Nissan to Merge as Pivot to EVs Accelerates
December 23rd, 2024Via: Electrek:
Honda and Nissan will team up to build EVs as they look to keep pace with Tesla and BYD. The Honda and Nissan EV merger will create one of the world’s largest auto groups as they look to pull a third Japanese automaker into the partnership.
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During a press conference (via Reuters), Mibe said, “The rise of Chinese automakers and new players has changed the car industry quite a lot.” Honda’s chief added: “We have to build up capabilities to fight with them by 2030, otherwise we’ll be beaten.”
