Honda and Nissan have announced plans to merge, with a new joint holding company set to be listed on the Tokyo Stock Exchange’s prime market in August 2026, a move that could make them the world’s third-largest automaker.
In a joint statement released on Monday, December 23, 2024, the Japanese auto giants revealed their intent to combine resources to accelerate the development of electric vehicles (EVs) and self-driving technology. The merger also seeks to bolster Nissan, which has faced financial struggles in recent years.
“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 companies said during a press conference in Tokyo.
This strategic partnership is expected to reshape the global auto industry, strengthening Honda and Nissan’s competitive edge in the race to dominate EV production and autonomous driving innovation. Both companies cited the growing demand for sustainable transportation solutions and the pressing need to pool expertise and resources to stay ahead in the industry.
Makoto Uchida, CEO of Nissan, highlighted the significance of the merger, saying, “This collaboration represents a monumental shift towards a sustainable future while addressing challenges unique to each of our companies.” Honda’s President, Toshihiro Mibe, echoed Uchida’s optimism, emphasizing the potential to deliver cutting-edge innovations to a global market.
The merger comes at a critical time for Nissan, which has been navigating a difficult financial landscape. Analysts believe this move will provide the automaker with the stability and resources it needs to regain its footing in the industry.
Industry insiders also note that the combined entity will leverage economies of scale, sharing technology and expertise to reduce production costs while accelerating innovation in key areas such as battery efficiency and connected vehicle systems.
As the auto industry continues its rapid shift towards electrification, the Honda-Nissan merger is expected to set a precedent for other automakers to form strategic alliances to remain competitive.
