Instead of Toyota, it’s another Japanese brand that could be the savior of Nissan.

Nissan recently announced that it only has 9 months of funds left, leading it to reduce its production capacity. As a solution, the company is in talks with Honda about a possible merger. The talks have been ongoing since March 2024, with the goal of developing electric vehicles together. If the merger goes ahead, it could create a combined entity valued at USD 54 billion, producing 7.4 million cars annually. For Nissan, this merger would help it recover from its financial losses, while for Honda, it could be a way to bolster its position in the electric vehicle market. Nissan has also plans to expand its lineup in India, including rebadging Renault’s Triber and introducing electric SUVs. However, Honda’s involvement in the merger might be conditional on its willingness to commit to the venture, as the brand is already facing challenges in the EV market.