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French car firm Renault owns about 43% of Nissan, while the
Japanese firm owns 15% of its top shareholder, but without
voting rights.
In June, Nissan revealed for the first time some details of its
alliance pact with top shareholder Renault that keep the latter
from unilaterally increasing its stake beyond 44.4%.
Their talks cover the question of whether Nissan will join
Renault's new unit being set up to house its electric vehicle (EV)
assets in exchange for its French ally winding down the Nissan
stake, the paper said.
Nissan's Chief Operating Officer Ashwani Gupta was among the
firm's executives who visited France last month and discussed
whether the Japanese car maker would invest in Renault's new EV
business, the paper added.
Renault is pushing ahead with plans to split its EV and
combustion engine businesses in a bid to catch up with rivals
such as Tesla and Volkswagen in the race to cleaner driving.
It expects to unveil a detailed blueprint for the new EV entity
this autumn.
Renault declined to comment on the report, while Nissan did not
immediately respond to Reuters' request for comment outside
normal working hours.
(Reporting by Rhea Binoy in Bengaluru; Editing by Clarence
Fernandez)
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