Honda, Nissan and Mitsubishi are officially joining forces in a single company to take on global competition. The partnership, announced in a joint press release by Honda and Nissan, positions the trio to become the world's third-largest automaker.
The merger, which is expected to be completed by August 2026, builds on recent collaborations between Honda and Nissan, including joint efforts in zero-emission technologies and autonomous driving.
The impact of the partnership on Mitsubishi and the customer experience is unclear, with Honda's Toshihiro Mibe stressing that discussions are still in their early stages.
Nissan CEO Makoto Uchida, however, said he was confident in the alliance's potential to deliver innovative products. It remains to be seen whether this merger will be enough to compete with electric vehicle leaders like Tesla and BYD.
#Honda #Nissan #Mitsubishi #AutomotiveNews #Electric Vehicles #ZeroEmissions #GlobalAutomakers #CarTech #TechNews
[attachment deleted by admin]