Nissan abandons $1 billion battery unit sale to Chinese fund Nissan abandons $1 billion battery unit sale to Chinese fund July 2, 2018 dzadmin Comments 0 Comment Nissan abandoned a $1 billion deal to sell its electric-battery business because the prospective buyer — Chinese private equity firm GSR Capital — failed to raise the money required. Nissan and GSR were due to close the transaction by June 29.