‘Too early’ to say if Nissan would spin off EV unit
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© Reuters. TOKYO, Reuters – Although it is premature to predict whether Nissan Motor Co (OTC) Motor Co will spin off its electric car (EV) business like the alliance member Renault According to a Japanese executive, (EPA:) is what the Japanese automaker wants.
Ashwani Gupta, Nissan’s COO, stated that it was too soon to think about because of the diversified markets and diverse product range.
According to the French carmaker, all options for seperating its EV business were open, according to April. It also considered a public listing as it tries catch up with other rivals like Tesla (NASDAQ) and Volkswagen ETR:.
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