Nissan May Ditch Renault Deal Over Sharing Technology With Geely
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Nissan sees risks in Renault Chief Executive Officer Luca de Meo’s plan to merge the French carmaker’s combustion-engine operations with Geely.
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 Zheijiang Geely Holding Group, 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. It includes some 500 joint technologies, one of the people...