Honda, Nissan in merger talks to counter Tesla, other EV rivals
Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles. The two firms, along with Mitsubishi Motors, “have signed a memorandum of understanding to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company,” a joint statement said. Meanwhile, the […]
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