Honda has acknowledged its exploration of a potential merger with Nissan, aiming to create the third-largest automotive group worldwide, following Toyota and Volkswagen. Both companies are under pressure to strengthen their electric vehicle capabilities in response to rapid market growth. Discussions have surfaced regarding various collaborative options, including a holding company structure that may also involve Mitsubishi Motors. Despite facing challenges, such as financial difficulties and declining sales, this strategic move could enhance their competitive edge in the electric vehicle market.

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