Renault cancels Ampere stock market listing - Industry and Analysis. The announcement was made by CEO Luca De Meo during a press conference.
"The current market conditions, however, are not considered satisfactory to continue the IPO process and best serve the interests of Groupe Renault and its shareholders," he said in a statement. The company was created by the Group as well as a European player in electric vehicles and software. It was due to list on the stock exchange in the first half of 2024, depending on market conditions.