Honda, Nissan, and Nissan's partner Mitsubishi are moving forward with a "business integration" to keep the Japanese automakers competitive

Facing extreme competitive pressure from the rise of Chinese EV makers, the Nos. 2 and 3 Japanese automakers turn to each other to build strength.

Under the proposed plan, Mitsubishi has until the end of January 2025 to decide whether or not to be part of the cooperation between Nissan and Honda. Given Mitsubishi’s close ties to Nissan, it could also gain technological and pricing advantages by joining this alliance.