Honda and Nissan have officially confirmed the rumors that they want to join forces. Both will still operate under their own brands but with a new joint parent company. If Nissan-controlled Mitsubishi also entered, the combined group would be the world's third-largest carmaker, worth up to $50 billion.
Nissan and Honda have previously worked together on EV development, but the combined company will be more integrated. According to a press release, it could include standardizing vehicle platforms, consolidating research and development teams, and improving production systems and facilities. This can help reduce costs.
In the US, Nissan sells large trucks and SUVs that Honda doesn't offer, as well as more expertise in EVs and electric vehicles. On the other hand, Honda has stable finances while Nissan is struggling, especially at home in Japan.
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According to the Financial Times, Meta may add displays to its collaboration with Ray-Ban smart glasses. These screens could appear in an upcoming iteration of the device early next year. It's not intended for full mixed reality, though. The screens will be on the small side and will likely be used to display notifications or responses from Meta's AI virtual assistant.
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There should be no legal problem from Nintendo.
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