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168

How Nissan and Honda's $60 billion merger talks collapsed. (neuters.de)

submitted 2 weeks ago by [email protected] to c/[email protected]

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Summary

Nissan's pride and denial hindered merger talks, sources say

Honda pushed Nissan for deeper cuts to jobs, factory capacity, sources say

Nissan unwilling to consider factory closures, sources say

Honda's proposal to make Nissan a subsidiary caused tensions, sources say

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[–] [email protected] 16 points 2 weeks ago

And Honda was working on hydrogen nearly 30 years ago now, which seems poised to suplant batteries (again, maybe).

LOL, no. Hydrogen has never been anything but a greenwashing scam. Even if it were all produced from electrolysis (and to be clear, it isn't -- the vast majority is produced from fossil fuels), it would still be stupidly cumbersome to deal with compared to adding some carbon to it to make synthetic gasoline.