Part 6/9:
Meanwhile, Nissan’s Asian rival, Honda, faces even worse conditions. Honda’s Chinese deliveries fell for the fifth straight year in 2025, declining by 24% to 645,000 units. Notably, for the first time ever, Nissan out-sold Honda in China, though both companies are experiencing sharp sales decreases. Honda has been actively seeking to develop new electric models, including partnerships with Momenta and China’s largest EV battery manufacturer, CATL, but these efforts have yet to yield significant product launches. The delay leaves Honda vulnerable to losing market share further.