Nissan May Snub Renault Revamp Over Sharing Tech With Geely
- Renault wants to be able to license key technology to partners
- Talks are ongoing, Nissan CEO Uchida says in interview
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Nissan Motor Co. is willing to walk away from a deal with Renault SA to re-balance their alliance amid concerns the French carmaker wants to license hundreds of jointly developed patented technologies to other players, including new Chinese partner Geely, people familiar with the negotiations said.
While both sides appeared near a final agreement two weeks ago, Nissan’s board and management have recently expressed concern over Renault’s plans for the intellectual property, the people said, asking not to be identified as the information isn’t public.