Nissan is reportedly open to exploring new partnerships following the collapse of merger talks with Honda, with Taiwan’s Foxconn emerging as a potential candidate, according to a recent Reuters report.
After backing out of negotiations with Honda—where Nissan was expected to become a subsidiary—the struggling Japanese automaker is now evaluating new collaboration opportunities. Sources indicate that Nissan is particularly interested in partnerships with technology companies to navigate the rapidly evolving landscape of electric vehicles and software-integrated cars, while also countering competition from emerging Chinese automakers.
Foxconn, the world's largest contract electronics manufacturer known for producing Apple’s iPhones, has previously expressed interest in Nissan. In December 2024, Foxconn reportedly approached Nissan with a proposal, which was rejected at the time. However, with Nissan now reassessing its position, collaboration with Foxconn remains a possibility, particularly given Foxconn’s growing ambitions in the EV sector through its Hon Hai Precision Industry division.
Foxconn’s EV business is led by Jun Seki, a former Nissan executive who was once in the running for Nissan’s CEO role before the position went to Makoto Uchida. This leadership connection could play a crucial role in any future discussions between the two companies. While neither Nissan nor Foxconn have made official comments on a potential partnership, reports suggest Nissan is keeping its options open as it looks beyond the traditional automotive sector.
The possibility of Nissan working with Foxconn comes just days after Nissan formally withdrew from merger discussions with Honda. As CarSauce previously reported, the talks fell apart due to Honda’s proposal to make Nissan a subsidiary, a move that Nissan’s leadership strongly opposed. With the merger no longer on the table, Nissan is under pressure to secure a new strategic path to remain competitive.
With its turnaround plan in motion—including job reductions and a cut in global production capacity—Nissan’s next moves will be critical. Its stock surged following news of its withdrawal from the Honda merger talks, while Honda’s shares declined. If Nissan proceeds with a partnership with Foxconn, it could mark a significant shift in its strategy, potentially allowing for greater developments in EV technology and software-driven vehicles. However, with Nissan still in a delicate position, any future alliances will likely be approached with caution.
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