Nissan N7 electric sedan in China (Source: Nissan) Under the EV merger, Honda will nominate a majority of the board. The new partnership is still subject to shareholder approval from both companies.

Merger talks between Japanese carmakers Nissan and Honda reflect their "desperate" need to catch up with the fast-developing electric vehicle (EV) industry in China, their important overseas ...

Both Nissan and Honda have made statements implying they hope to work on joint projects on electric vehicles and left the door open to a merger.

Western economies, like the US and the EU, have imposed tariffs that aim to block the entry of Chinese EVs and EV components so as to impede the growth of China's EV industry. In the face of these ...

On Monday, the carmakers said they would explore placing both Nissan and Honda under a joint holding company, which would create the world’s third-largest auto group by vehicle sales.

Many of China's EV champions are now expanding overseas, something Felipe Munoz, auto analyst at JATO Dynamics, told BI was putting the likes of Toyota and Honda under growing pressure.