Honda and Nissan are negotiating a possible merger.
Benjamin Zhang/Business Insider
- Nissan and Honda are considering a merger to help them compete in the EV industry.
- The news sent Nissan stocks skyrocketing nearly 22% on Tuesday.
- It comes as the Japanese car companies struggle with slumping profits.
Honda and Nissan are set to negotiate a possible merger that could see the two Japanese car heavyweights strengthen their existing ties and increase their collective...