By: Bloomberg, FMTNissan Motor Co is considering entering into a partnership with rival Honda Motor Co to jointly develop electric vehicles, Japanese media reported.
Both Honda and Nissan are considering cutting production capacity in China as sales decline, while BYD earlier this month said it will introduce a series of new models and expand its dealership network in Japan. Bloomberg Intelligence senior auto analyst Tatsuo Yoshida said that “it seems Nissan has been pushing for the deal, which is quite understandable. However, Honda, which was approached, may be willing to take advantage of a good deal.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: