this post was submitted on 23 Dec 2024
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Honda and Nissan announce merger to form world's third largest car company (www.rfi.fr)
submitted 2 days ago by Joker@sh.itjust.works to c/technology@lemmy.world
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Japanese automakers Honda and Nissan have announced plans to join forces and form the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

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[–] arc@lemm.ee 0 points 1 day ago

And they still are. Toyota and Honda in particular have been spent billions on FUD and harebrained hydrogen projects and then wondering why China is eating their lunch. Meanwhile the doors are closing for non-EV manufacturers in markets which are going all electric coming up to 2030. Japan's auto industry will probably survive in some form but there could be a lot of casualties.