Nissan Motor and Renault are aiming for an early agreement in talks to review the current capital relationship on an equal footing.
In the discussions so far, there is a difference of opinion on the provision of technology patents to third parties, etc., and the final negotiations to find a compromise point toward an agreement are continuing.
Nissan and Renault are major shareholders, with Renault holding 43% of Nissan's stock, while Nissan owns only 15% of Renault's stock. We are continuing discussions centering on lowering the rate to 15%.
According to people familiar with the matter, the two companies have agreed to aim for an early agreement, but there is still a difference of opinion in the talks so far.
In particular, regarding the provision of technology patents related to engines, etc. to third parties, Nissan argues that it is necessary to protect patents such as engines that it owns, keeping in mind the outflow to China.
In addition, in connection with Renault's planned EV = electric vehicle spin-off, which is seeking investment from Nissan, we are requesting specific prospects such as business profitability.
On the other hand, the two companies have agreed to continue their partnership amidst the imminent issue of survival in the global competition, with other industries entering the market, and are continuing final negotiations to find a compromise point toward an agreement. .