TOKYO -- Honda Motor has teamed with two other automakers in a bid to create a Japanese powerhouse that can rival Toyota, a challenge that will play out in the stock market as well as the global EV race.
Automobiles
Honda has new alliance, but can it match Toyota on this stock metric?
Automaker needs to deliver on cost cuts, shareholder returns as it pursues EV scale
Honda trails behind Tesla and Chinese rivals in the EV race. (Photo by Yuki Nakao)
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