Renault sets Nov. 15 date for first investor day for EV unit Ampere


FILE PHOTO: The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes//File Photo

PARIS (Reuters) - Renault on Thursday announced the first investor day for its future electric vehicle company, named Ampere, will take place on November 15.

Renault's Chief Executive Luca De Meo last month said the unit, which Renault plans to list on the stock exchange as a standalone business by spring 2024, could be valued at up to 10 billion euros ($10.47 billion).

($1 = 0.9550 euros)

(Reporting by Gilles Guillaume, writing by Tassilo Hummel, editing by Geert De Clercq)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

TikTok's rise from fun app to US security concern
Musk, president? Trump says 'not happening'
Jeff Bezos says most people should take more risks. Here’s the science that proves he’s right
Bluesky finds with growth comes growing pains – and bots
How tech created a ‘recipe for loneliness’
How data shared in the cloud is aiding snow removal
Trump appoints Bo Hines to presidential council on digital assets
Do you have a friend in AI?
Japan's antitrust watchdog to find Google violated law in search case, Nikkei reports
Is tech industry already on cusp of artificial intelligence slowdown?

Others Also Read