According to him, Honda may benefit from Nissan’s years of experience in producing electric cars, batteries, and gas-electric hybrid drivetrains.
While it develops its own EVs and the next generation of hybrids. However, following a quarterly loss of 9.3 billion yen ($61 million), the company said in November.
That it was cutting 9,000 positions, or around 6% of its global workforce, and reducing its global manufacturing capacity by 20%.
In a recent management shuffle, Uchida, the company’s CEO, accepted a 50% pay cut and took ownership of the financial difficulties, stating.
That Nissan needed to improve its efficiency and adapt to changing market demands, cost increases, and other global shifts.
“We expect to be able to provide even more value to a larger customer base if this integration materializes,” Uchida stated.
