Honda, Nissan Explore EV Partnership to Compete With Tesla and BYD
- Honda and Nissan in talks for potential EV partnership to take on Tesla and BYD
- Looking to cut costs and improve competitiveness in global EV market
- Discussions involve joint procurement and development of components like batteries
- Comes as Ford, GM dial back EV plans and Toyota focuses more on hybrids
- Tesla delivery miss seen in Q1 with EV demand slowing amid rising competition
