RNLSY / Renault CEO sees Ampere IPO valuation of up to 10 bln euros -FT

Renault's plans to spin off its electric vehicle wing through an initial public offering are reportedly being tarnished as wider economic issues grip. more_horizontal

Weaker electric vehicle (EV) demand, increased competition from China and market volatility are complicating French carmaker Renault's plans to list i more_horizontal

Renault said on Wednesday it will invest 3 billion euros ($3.2 billion) by 2027 to launch eight new vehicles and boost electric vehicle (EV) sales out more_horizontal

Renault will maintain production of ethanol-fueled combustion vehicles in Brazil, where nine in 10 cars are equipped to run on a mixture of gasoline a more_horizontal

Renault's Ampere business is targeting a public listing next year, and this might be a key positive re-rating catalyst for the company. Renault's Alpi more_horizontal

The initial public offering (IPO) of Renault's Ampere electric vehicle division could get a valuation of up to 10 billion euros ($10.8 billion), Chief more_horizontal

Chinese manufacturers are years ahead of European firms in the development of cheap electric vehicles, Renault boss Luca de Meo has claimed. Echoing m more_horizontal

Renault CEO Luca De Meo goes over the French carmaker's plans to deal with Chinese competition in the EV market. more_horizontal