Renault looking at spring 2024 for EV unit IPO - Breaking The News
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Renault looking at spring 2024 for EV unit IPO

EPA-EFE/YURI KOCHETKOV

Renault Group CEO Luca de Meo told BFM TV on Monday that the carmaker is planning to file for an initial public offering of its electric vehicle business in the spring of 2024.

According to De Meo, Renault plans to separate Ampere, the EV unit, from the rest of the company on November 1, as a preparatory step for the IPO.

"So we separate and then we see if we have the right conditions to enter the market," he explained.

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