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Nissan calls off potential $1 billion sale of battery unit to China’s GSR

TOKYO — Nissan Motor canceled a potential $1 billion sale of its electric car battery unit to China’s GSR Capital, and while the automaker said it still aimed to find a buyer, analysts feel it could be a hard sell as the technology was not cutting edge.

Source: https://www.autoblog.com/2018/07/02/nissan-battery-business-gsr-capital-sale/
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