Whereas the Honda-Nissan merger is no extra, a Japanese group is drawing up plans for Tesla to put money into Nissan, Reuters has reported, citing the Monetary Instances.
Described as a high-level Japanese group that includes former prime minister Yoshihide Suga and his former aide, this group has drawn up plans for the American EV maker to turn out to be a strategic investor in Nissan, and the group believes Tesla is eager to accumulate Nissan’s manufacturing crops in the US, in response to the FT report.
Nevertheless, the workplace of the previous Japanese prime minister acknowledged it was not conscious of a plan to encourage Tesla to put money into Nissan. Suga was the prime minister of Japan from 2020 to 2021, although he continues to be a member of Japan’s decrease home, representing a constituency within the Kanagawa prefecture, the place Nissan is predicated.
As well as, Reuters cited analysts as being uncertain Tesla can be desirous about buying car meeting crops in the US, because the EV maker has “ample capability” at current factories and simply skilled its first decline in yearly deliveries final yr, and it mentioned final month that it expects to return to gross sales quantity progress this yr.
Following the termination of the Nissan-Honda merger deal earlier this month, Nissan is reportedly open to new partnerships, and Foxconn has reportedly turn out to be a doable candidate. In the meantime, a report by Nikkei has mentioned that Foxconn has proposed forming a partnership with Honda, to in the end create a four-way framework that might additionally embody Nissan and Mitsubishi.
The MoU to discover the potential for a merger right into a joint holding firm was signed by Honda and Nissan in December 2024, as Mitsubishi thought of becoming a member of the alliance.
Honda and Nissan collectively introduced the termination of the MoU on February 13, nonetheless each Honda and Nissan acknowledged that they’ll proceed to “collaborate inside the framework of a strategic partnership aimed on the period of intelligence and electrified automobiles,” concerning earlier MoUs specializing in joint analysis for car intelligence and electrification.
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