In what could become the largest automotive merger in decades, Nissan and Honda are reportedly in discussions about a potential alliance, with Mitsubishi Motors expected to join. The proposed deal aims to bolster competitiveness in the rapidly expanding electric vehicle (EV) sector, where both companies face mounting challenges from Tesla and Chinese rivals like BYD.
Building on a recent partnership to share vehicle parts and software, the three companies are now exploring a more formal alliance, possibly under a unified holding structure.
With Nissan already holding a 24% stake in Mitsubishi, this merger would position the group as a formidable force in the EV market. This move comes after disappointing sales in key markets like China and the US.
