Honda’s market cap is $38.8 billion, while Nissan’s is $7.6 billion, compared to Tesla’s $1.49 trillion.
Read MoreThe new facility will have production capacity of 150,000 units per year and will mass-produce Kia EV3 and EV4 models
Read MoreAs electric vehicles (EVs) gain traction, challenges in infrastructure and battery supply loom large
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