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.
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