A big electronics company wants to get into cars, and might have a deal with Nissan.
Foxconn boss Young Liu publicly confirmed for the first time on Wednesday that the world's largest contract manufacturer is interested in joining Nissan.
Cultural differences have long complicated Renault's collaboration with Nissan and Mitsubishi Motors, raising the possibility that the French automaker may strengthen its ties with Geely instead. Against this backdrop,
According to the Financial Times, Liu expects to announce a cooperation deal within one or two months. He confirmed that Honda, Nissan, and Renault—which owns 36% of Nissan—were among the automakers Foxconn was in talks with regarding a potential EV supply deal.
Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration framework that could also include Nissan and Mitsubishi Motors
Japanese business leaders are reportedly urging Tesla CEO Elon Musk to step in as a strategic investor in Nissan after the company’s merger talks with rival Honda collapsed last week.
The global electric vehicle (EV) market is evolving rapidly, and Japan's legacy automakers are at the center of the latest industry shakeup. Following the collapse of the Honda-Nissan partnership, reports suggest that a new "four-party collaboration framework" may be in the works.
Taiwan's Foxconn has proposed forming a partnership with Japan's Honda Motor , aiming to create a tie-up framework that also includes rival carmakers Nissan Motor and Mitsubishi Motors , the Nikkei newspaper reported on Friday.