Taiwan's Foxconn has proposed forming a partnership with Japan's Honda Motor , aiming to create a tie-up framework that also includes rival carmakers Nissan Motor and Mitsubishi Motors , the Nikkei newspaper reported on Friday.

The global electric vehicle (EV) market is evolving rapidly, and Japan's legacy automakers are at the center of the latest industry shakeup. Following the collapse of the Honda-Nissan partnership, reports suggest that a new "four-party collaboration framework" may be in the works.

A high-level Japanese group that includes a former prime minister has drawn up plans for Tesla to invest in Nissan after the collapse of its merger talks with Honda , the Financial Times said on Friday.

Japanese semicon firm Tokyo Electron Limited (TEL) is reportedly looking to set up its manufacturing presence in India

Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration framework that could also include Nissan and Mitsubishi Motors

The Japanese group behind the plans for Tesla to invest in Nissan hopes the Elon Musk-led company will become a strategic investor, according to the Financial Times

TOKYO (Reuters) - Taiwan's Foxconn has proposed forming a partnership with Japan's Honda Motor, aiming to create a tie-up framework that also includes rival carmakers Nissan Motor and Mitsubishi ...