Titanium Media App May 13 news, Nissan chief operating officer Ashwani Gupta said on Friday that it is too early to discuss whether Nissan will seek to spin off the electric car business like Renault, "We have a diversified market and product portfolio. ". Renault said in April that all options for spinning off its electric car business were on the table, including a possible public listing. The company is trying to catch up to rivals such as Tesla and Volkswagen. Renault's remarks have sparked speculation that it may reduce its stake in Nissan. Renault owns 43.4% of Nissan and Nissan owns 15% of Renault's non-voting shares. The two companies formed an alliance in 1999. (Source: Reuters)
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