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The New York International Auto Show 2023, New York, USA - 05 Apr 2023

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How could this merger possibly accelerate innovation and create anew competitive landscape?

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Here are five compelling reasons why this merger could be a game-changer for the EV market.

She explained, This collaboration could enhance both companies EV offerings.

Currently, Nissan produces the electric Leaf and Ariya models.

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There are many possibilities as to what they can achieve with a combined R&D budget.

The companies could look to speed the development of solid-state batteries, a technology they have been pursuing independently.

David Loo, Operations Manager atXpro Auto Glass, says, Using resources in multiple ways is crucial.

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Experts have their thesis as to whats to come with this merger.

Fix suggests that a potential Honda-Nissan merger could significantly expand Hondas truck and SUV lineup.

She says Honda sells one truck, the Ridgeline, which is not a truck.

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On the other hand, Nissan makes the Armada, Frontier and Titan.

With the chassis from Nissan trucks, Honda could expand their line with full-sized SUVs and pickup trucks.

This is particularly important as Chinese manufacturers like BYD continue to expand globally.

The Honda and Nissan merger would encourage other manufacturers to further research and development.

The vehicle platforms can get beneficial scale benefits if they are the same across different segmentation products.

Because vehicle and operational volumes are higher they would like to get lower development costs for each vehicle.

The result of which is that electric vehicles will become more affordable for more people to purchase.

The merger would cut costs by lowering the number of systems and back office jobs.

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