Nissan (NSANY) Contemplates EV Collaboration With Honda
NSANYNissan Motor(NSANY) Zacks Investment Research·2024-03-14 21:21

Nissan Motor Co., Ltd. (NSANY) and Honda Motor Co., Ltd. (HMC) are contemplating a business partnership to develop economical electric vehicles (EVs) and compete with their China-based rivals. The collaboration may include the development of a new EV platform.Nissan is considering joint procurement for certain parts and component sharing with Honda to reduce the cost of their respective EVs. The discussion between the automakers is still in the early stages and Honda’s take on the partnership is unclear.The ...