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Nissan-Renault alliance

Nissan limits use of joint IP in Renault's new venture with Geely

Deal is step forward in rethink of Japanese, French automakers' ties

An agreement between Nissan and Renault on intellectual property would be a breakthrough for the two automakers, which are reviewing their capital ties.

TOKYO -- Nissan Motor and Renault have agreed to restrict the use of the intellectual property they developed together, including one patent for hybrid vehicles, in a new company established by Renault, Nikkei has learned.

The agreement marks a major step forward for the Japanese and French automakers, which have been reviewing their capital tie-up. The treatment of jointly held IP is one of the focal points of the talks.

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