Nissan has officially ended merger discussions with Honda after both companies failed to reach an agreement. On February 6, 2025, Nissan CEO Makoto Uchida and Honda CEO Toshihiro Mibe met to conclude negotiations. According to reports, Nissan rejected the merger because Honda intended to make it a subsidiary.

Following the failed deal, Nissan is now looking for a new partner to support its development in technology and electrification. One of the top candidates is Foxconn, a multinational technology company based in Taiwan. Last year, Foxconn approached Nissan to collaborate in the electric vehicle sector, but Nissan declined as it was still focused on merging with Honda. With that option off the table, discussions with Foxconn may now resume.

Foxconn has also reportedly expressed interest in acquiring a stake in Nissan through Renault, which owns 36% of the Japanese automaker. Renault, a French company, is open to selling part of its Nissan shares to Foxconn. However, such a transaction would require Nissan’s approval.

Foxconn, the world’s largest electronics manufacturer and producer of iPhones and iPads, aims to expand into the automotive industry. A potential partnership with Nissan could benefit Foxconn by giving it access to Nissan’s expertise in electric vehicle production.

As Nissan reassesses its strategy, the company is exploring new opportunities to strengthen its position in an increasingly competitive automotive market.

SOURCE: DETIK | PHOTO: ANTARA/NISSAN

This article was created with AI assistance.