Renault cancels the stock market listing of Ampere, the company created by the Group as well as a European player in electric vehicles and software.
The announcement was made by CEO Luca De Meo during a press conference.
"In 2022 - said De Meo - the Renault Group announced its intention to list Ampere on the stock exchange in the first half of 2024, depending on market conditions. 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."
Reproduction reserved © Copyright ANSA