Part 8/9:
As Nissan endeavored to regain footing, it confronted an insurmountable wave of competition from the rapidly advancing Chinese electric vehicle industry. Companies like Xiaomi demonstrated an unparalleled ability to deliver innovative products at breakneck speed, unsettling established players.
While Nissan found itself in a significant sales slump, especially in China, management struggles intensified as discussions over the Honda merger emerged. With Honda's CEO expressing skepticism over the partnership’s potential benefits, Nissan's struggle for credibility and viability loomed larger than ever.