Nissan, Honda expected to announce plans to merge, creating world's No. 3 automaker

TL;DR


Summary:
- The article discusses the growing partnership between major Japanese automakers, Nissan and Honda, and Taiwanese electronics manufacturer Foxconn to accelerate the development and production of electric vehicles (EVs).
- Nissan and Honda are collaborating with Foxconn to leverage the latter's expertise in electronics and software to improve the efficiency and affordability of their upcoming EV models.
- The partnership aims to help Nissan and Honda compete more effectively in the rapidly evolving EV market, as they seek to catch up with industry leaders like Tesla and Chinese automakers.

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