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A pair of Japan’s largest automakers, Honda and Nissan, are in talks to merge, with a goal of becoming more competitive in the EV sector. Honda | Nissan

Honda and Nissan reportedly discuss a merger to strengthen EV competitiveness

Headshot of Jack Aylmer

Jack Aylmer

Energy Correspondent

A pair of Japan’s largest automakers, Honda and Nissan, are in talks to form a partnership to boost their competitiveness in the electric vehicle (EV) sector. The companies have reportedly signed a memorandum of understanding outlining plans to split equity into a new holding company from which both will do business. A key objective of the potential merger is to help Honda and Nissan challenge EV market leaders such as Tesla and BYD. Mitsubishi has also been invited to join this collaboration after being asked to take part in Honda and Nissan’s earlier efforts to jointly develop EV technology. Nissan,…

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