In today's episode of India Global, Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles...forming world's third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels and expanding development of EVs and self-driving tech while coming to the rescue of struggling Nissan. NDTV's auto editor Mugdha Mishra explains the details.