Part 5/9:
Despite both companies previously signalling intentions to continue discussions, Honda appears to have reconsidered. The recent evaluation of Nissan's financials exposed the complexity of their situation, including an impending $7 billion bond payment. With dwindling sales and questionable EV technology primarily held by its current partners, Nissan's appeal diminished over time. Honda has expressed that, if they were to partner, it might be better to ally with a Chinese EV manufacturer, similar to strategies employed by competitors.