Renault Group dropped plans for an IPO of its Ampere electric vehicle unit, saying that “current market conditions are not met” to allow a public listing.
Renault Group dropped plans for an IPO of its Ampere electric vehicle unit, saying that “current market conditions are not met” to allow a public listing.
Trade groups and automotive executives are sounding the alarm that a curb on rare earth metals from China could lead to production disruptions worse than the microchip shortage.