Honda-Nissan merger talks to start as early as next week

Automakers aim for Japan EV alliance to challenge Toyota

20241218N Nissan Honda

Nissan Motor and Honda Motor had entered into a strategic partnership in August. (Photo by Kenichiro Kamata)

AKIHIRO OTA and SHUHEI OCHIAI, Nikkei staff writers

TOKYO -- Honda Motor and Nissan Motor will begin merger talks as early as Monday as the two automakers seek to create a group that can rival Japanese leader Toyota Motor in capital-intensive fields like electric vehicles.

Honda sees collaboration with Nissan as crucial to making up lost time in EVs and software, driving future growth. The two automakers had announced a strategic partnership in August.

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