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Honda and Nissan to start merger talks amid EV competitors

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TOKYO — Honda Motor and Nissan Motor will enter negotiations towards a merger, Nikkei has realized, becoming a member of their assets to raised compete towards Tesla and Chinese electrical automobile makers in a quickly altering car business.

Honda and Nissan are contemplating working below a holding firm, and shortly will signal a memorandum of understanding. Their respective stakes within the new entity, in addition to different particulars, might be determined later.



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