Nissan and Honda Continue Collaboration Talks Under New Leadership
Incoming Nissan CEO Ivan Espinosa signals openness to partnerships as the automaker works to address financial challenges and speed up product development.
- Nissan and Honda remain in active discussions about collaborations on large SUVs and EV technologies, despite the collapse of merger talks earlier this year.
- Ivan Espinosa, set to take over as Nissan's CEO on April 1, has emphasized a 'no-taboo' approach to partnerships, signaling a willingness to explore various forms of collaboration.
- Nissan is focused on cutting costs and improving cash flow generation while leveraging potential partnerships to stabilize its financial position.
- Espinosa aims to accelerate Nissan's product development timeline, targeting 30-37 months for new vehicle launches to enhance competitiveness in the EV market.
- Foxconn has expressed interest in collaborating with Nissan, though no agreements have been finalized, as the automaker explores additional partnership opportunities.