Nissan and Honda have signed a Memorandum of Understanding (MOU) to explore a potential partnership in the automotive industry.
The collaboration aims to address industry challenges like electrification, advanced technology, and shifting customer demands.
If approved, Nissan and Honda plan to create a joint holding company by 2026, allowing them to share expertise and operations while maintaining individual brand identities.
The partnership could lead to more innovative and affordable vehicles, stronger global presence, environmental impact, and job opportunities.