All eyes on Foxconn's next move as Honda-Nissan halt merger talks

Japanese carmaker can be key to Taiwan company's EV growth strategy

Foxconn may renew its courtship of Nissan as the likelihood of a merger with rival automaker Honda recedes. (Nikkei montage/Source photos by Reuters)

HIDEAKI RYUGEN and MARI ISHIBASHI

February 6, 2025 22:18 JST

TAIPEI/TOKYO -- Nissan Motor's decision to halt merger talks with Honda Motor could reopen the door to Taiwan's Foxconn, the contract manufacturing giant with designs on moving into the electric vehicle business.

There are a couple of scenarios for how Foxconn might approach Nissan now that the Japanese automaker is possible to be a free agent again. It could wait for the slumping Nissan to determine that it could use a sponsor as it restructures its operations. If it hears any murmurs along these lines, it could propose its plan to make a strategic investment in Nissan.