Honda Nissan merger - part 1

Welcome to EV News World. This channel’s content will be bringing tech- centered news, reviews and information from around the Electric Vehicle world. This content will be free of the hype, and focused on the details that matter: the value, quality, and efficiency of current EV tech. I will bring you unbiased and down-to-earth EV information; highlighting the developments and technologies under the hood of EVs. In other words, here we’ll discuss the things that matter: the EV motor, its power source, and the many features that make EVs safer, more-efficient, smarter, and a better value. Here, I’ll save you the hassle of all the hype found “out there”. I’ll omit the “chatter”, the “flash”, the “looks”; and dive right into the most important details behind each EV. So, “get in, put on your seat belt, and let’s ride!” Let’s get started!

Welcome to automotive industry’s biggest story, perhaps of the century. Where a giant international conglomerate, like Nissan, found itself in a dire and potentially deadly financially situation because of many simple foreseeable factors, an­d plainly dumb decisions. Perhaps for the first time in its illustrious and rich 113 year history, this car maker was on the verge of collapse. This is bigger than most news outlets make it, perhaps the first domino that could potentially threaten an entire nation’s financial stability. So, drastic actions are being taken. These are so desperate that only a compliant media and cool and calculated theatrics will may hide its true magnitude. This is a chess battle of titans, and we may be witnessing the endgame. Let’s follow this story carefully, and see where the entire car industry is actually headed.

Honda and Nissan have confirmed plans to merge into the world's third largest automaker by sales. This deal is a relief for Nissan, which has been facing financial difficulties due to declining sales in recent years. In addition to Honda and Nissan, Mitsubishi could also be involved in this merger. This partnership is based on a memorandum of understanding signed by the two companies. It is worth mentioning that earlier this year, Honda and Nissan had already signed an agreement for the joint development of electric vehicles and automotive software. Negotiations for this merger will take place over the next six months, with the goal of completion by August 2026. Honda and Nissan representatives have not provided further comment on these merger plans.

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Sources:
https://www.caranddriver.com/news/a63265051/honda-nissan-confirm-merger-plans/
https://apnews.com/article/japan-nissan-honda-evs-foxconn-782913451d6487ed177a3517a9ba5be5