TOKYO -- Nissan Motor's planned sale of an electric-car-battery subsidiary to a Chinese investment fund stands out in a sector where many rivals are pouring more resources into building the key component of increasingly popular electric vehicles.
The bold move seems to comport with the head-over-heart approach of charismatic Chairman Carlos Ghosn even as it raises concerns over disadvantaging Nissan down the road. Whether the company's foresight proves to be 20/20 remains to be seen.
