CNA's Roland Lim takes a closer look at the rise of China's EV market and the potential challenges for Nissan and Honda.
In recent years, intensified competition has also pushed Chinese companies to innovate and produce cutting-edge designs in the likes of EV batteries.And when production outpaced demand, EV makers started to export to overseas markets. Second, while other countries heavily subsidise EVs as part of their green policies, there are fewer incentives to go fully electric in Japan.
Nissan and Honda then said in August that they would roll out an EV by 2030, and jointly develop self-driving software.
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