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Honda and Nissan in merger talks
The Japanese car manufacturers Honda Motor and Nissan Motor are considering a merger, reports the Japanese newspaper Nikkei and other media. At the same time, information emerges that the Taiwanese iPhone manufacturer Foxconn wants to buy a controlling stake in precisely Nissan.
Honda and Nissan initiate merger talks
The Japanese car giants Honda and Nissan are planning to initiate talks on a merger – with the aim of helping them in the competition against Tesla and other electric car manufacturers, reports the Tokyo-based newspaper Nikkei. The two companies want to operate under a single holding company and will soon sign a memorandum of understanding, according to the newspaper.
Northvolt founder bets on new industrial project
Injured by Northvolt – it doesn't stop risk capitalist Harald Mix and his company Vargas from embarking on the next energy-intensive project, building an aluminum factory in Finland with lower carbon dioxide emissions than traditional manufacturing. Together with mining giant Rio Tinto, Finnish energy company Fortum, and Japanese Mitsubishi, plans are being made for an aluminum factory that will be operational by the end of the 2020s.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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