Honda-Nissan Merger Risks
This is a Las Vegas news story, published by MSN, that relates primarily to Kaihara news.
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Technology
Why Honda is merging with Nissan: factories, SUVs, and China
72% Informative
Honda and Nissan announced a potential merger in December that would create an automotive company worth around $50 billion .
Honda executives offered some more insight into the merger during a roundtable discussion with select media in Las Vegas .
The Japanese automakers are concerned about China ’s rise as a dominant and highly competitive player in the EV and autonomous driving space.
Honda is looking at Nissan as a way to reduce costs around software-defined vehicles.
Honda is not wavering on its commitment to electrification.
“For the long term, I think, considering the environmental issues, EVs will be the solution for the future,” Kaihara said.
For the time being, we will have new EVs in the next year for the Zero series.”.
VR Score
76
Informative language
74
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67
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formal
Language
English
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54
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Attention-grabbing headline
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External references
11
Source diversity
7