Honda and Nissan discuss collaboration but deny merger

Honda and Nissan have been in discussions about potential collaborations. In March, they announced a partnership on electric vehicles, and in August, they agreed to work together on battery technology. Both companies are facing challenges; Nissan is dealing with declining revenue, while Honda's plan to sell only zero-emission vehicles by 2040 is encountering difficulties due to reduced demand for electric vehicles.

What is Honda's plan regarding emission vehicles by 2040?

What factors have contributed to the challenges faced by Honda and Nissan in the electric vehicle market?