Nissan and Honda are reportedly starting merger discussions, potentially including Mitsubishi Motors, focusing on the creation of a holding company amid struggles in the EV market.
Reports have emerged claiming Nissan has only 12 to 14 months left as a standalone company, intensifying talks about partnering with Honda to secure its future.
The two automakers previously agreed to collaborate on EVs, driven by competition with Tesla and BYD, highlighting the urgency for Honda and Nissan to innovate.
Following recent developments, Nissan's relationship with Honda aims to bolster their position in the EV sector and align with industry advancements, including charging technology.
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