Auto giants plan joint holding company, with stock listing targeted for 2026.
Japanese automotive leaders Honda and Nissan have announced plans to begin discussions on a potential merger in an effort to strengthen their position in the competitive electric vehicle (EV) market. The move comes as both companies face growing pressure from Chinese manufacturers and Tesla’s dominance in the EV sector.
In a joint statement issued on Monday, the two firms, along with Mitsubishi Motors, confirmed the signing of a memorandum of understanding to explore business integration. The proposed plan involves establishing a joint holding company to oversee the partnership.
“Shares of the newly established joint holding company under consideration are planned to be newly listed (technical listing) on the prime market of the Tokyo Stock Exchange. The listing is scheduled for August 2026,” the statement revealed.
This strategic collaboration aims to pool resources and expertise to accelerate innovation and production in the EV market, where rapid advancements are critical for staying competitive.
Both Honda and Nissan have lagged behind rivals such as Tesla and emerging Chinese automakers in EV development, prompting the need for a unified strategy to regain market share.
