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Honda, Nissan plotting merger as EV competition rises – report

  • Japanese carmakers Honda and Nissan are reportedly considering a merger as the competition in the electric vehicle (EV) sector increases.
  • The potential merger aims to help both carmakers stay competitive amidst the rising sales of more affordable EV rivals.
  • Honda and Nissan, along with Mitsubishi, would form one of the largest auto groups in the world as part of the merger.
  • The collaboration would involve sharing technologies and components for vehicle electrification and intelligence.

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