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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[–] cyborganism@lemmy.ca 14 points 2 days ago (1 children)

No it's not going to be like that. I think they're going to exchange patents and things like that to catch up to the EV markets. The Japanese are very conservative when it comes to technology, believe it or not. Because of the older people being higher in hierarchy. They don't like change and disruption. Meanwhile in Korea and China, things have been moving fast and following the trends.

[–] kameecoding@lemmy.world 1 points 1 day ago

China is getting tarrifed out of the market, it's really only Hyundai/Kia now to push the envelope at the moment and force competition (for EVs)