Honda And Nissan In Merger Talks Amid Efforts To Boost EV Offerings, Report Says
Nissan and Honda face increased pressure to compete in the EV market, with sales decreasing across China and the U.S. as Tesla and Chinese automaker BYD have rapidly expanded their production and sales growth, Nikkei reported. Shares of Nissan and Honda rose by 8% and 1.5%, respectively, following the report.