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The Nissan-Honda Crisis, Explained
- A Honda-Nissan merger could save Japan Inc. from disaster, or fix nothing,
Most people don't understand the rough shape that Nissan,
Specifically, is in these days,
Honda really seems to have gotten a wake-up call from the rise of China's automakers,
Honda is the savior here,
US EV Charging investments to continue,
Even under Trump,
General Motors and ChargePoint announced today,
That they are "accelerating the deployment of DC fast charging across the U.S. through an incentive program,”
Will this potential merger allow both Japanese automakers to thrive in the future,
Or is it too little, too late? - Nissan's sales and profits here and worldwide have been tanking for years now,
Dealer profits in the U.S. are down 70% year-over-year,
“The announced merger talks between Nissan and Honda are not surprising,
given the recent turbulence impacting legacy automakers globally,
Nissan's financial struggles are in no small part a consequence of the surging competition from Chinese automakers,
Trump's threats to axe the EV tax credits, which would almost certainly dampen sales and derail the electric transition,
The remainder was preapproved,
General Motors and ChargePoint announced today that they are "are accelerating the deployment of DC fast charging across the U.S.,
through an incentive program," and that will yield 500 ultra-fast charging ports open by the end of 2025.
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