Renault plans to value its electric business at 10 billion euros, reports Bloomberg

Renault plans to value its electric business at 10 billion euros, reports Bloomberg

PARIS (Reuters) – Renault plans to value its electric business at around €10 billion, Bloomberg reported on Friday, citing people familiar with the matter. According to the sources, Renault will unveil its plans during an “Investor Day” (capital markets day) on November 8, Bloomberg adds. Renault announced last April that it was considering a possible IPO of its battery-powered vehicles in the second half of 2023.
Reference: www.challenges.fr

It is always my pleasure to provide insightful information on important topics and if you have learned something from my article then I thank you for taking the time to share it with your friends or family.

We put a lot of heart and invest a lot of time trying to bring you the most interesting articles.
You would encourage us to do it even better in the future. Thank you!

Related Posts: