Thu, December 19, 2024
[ Thu, Dec 19th 2024 ]: Fortune
Motown: What's going on?
Wed, December 18, 2024

Experts' comments on talks between Honda and Nissan to deepen ties

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Honda's cash flow is set to deteriorate next year and its EVs haven't been going so well. Honda itself needs to change drastically. If these are made easier by a setting up a holding company (with Nissan),
The article from Yahoo Finance discusses the ongoing talks between Honda and Nissan to deepen their collaboration, focusing on electric vehicle (EV) technology and automotive intelligence. The discussions aim to address the challenges posed by the shift towards electric vehicles, where both companies have been somewhat slow to adapt compared to competitors like Tesla and BYD. The potential partnership could involve sharing EV platforms, software, and other technologies to reduce costs and enhance their competitive edge in the EV market. This move is seen as a strategic response to the increasing pressure from both market demands for sustainable transport and regulatory pushes towards lower emissions. The talks are still in early stages, but there is optimism about creating synergies that could benefit both companies in the rapidly evolving automotive landscape.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/experts-honda-nissans-talks-deepen-042015902.html ]