Nissan and Honda consider joint EV development to reduce costs and increase competitiveness.
Nissan and Honda are reportedly considering a partnership to jointly develop electric vehicles (EVs) amid slow development of EVs and competition from Chinese rivals. The potential collaboration aims to reduce costs, increase competitiveness, and develop more affordable electric vehicles. Nissan and Honda have been ramping up their EV businesses but may collaborate on hybrid cars, batteries, and jointly procuring parts for their respective EVs.
March 14, 2024
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