Japanese Automakers Honda and Nissan Form EV Partnership to Challenge Chinese and American Rivals

Nissan and Honda have officially formed a new EV partnership to advance EV and software development, aiming to catch up with leaders like Tesla and BYD. The Japanese automakers will explore joint battery and EV development, new software platforms, and shared EV platforms to compete with low-cost leaders from China. This partnership comes as both automakers quickly fell behind in the EV market, and they are looking to bring down EV prices to stay competitive. Additionally, Nissan is reportedly in talks with Fisker about investing in the struggling EV startup.