Automakers

Renault eyes $10B valuation for EV business

Renault E-Megane EV on display at dealership
The Renault E-Megane EV is pictured. (Bloomberg)
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By:
Bloomberg
November 06, 2022 11:35 AM

Renault is aiming for a roughly 10 billion euro ($10 billion) valuation for the electric-vehicle business the French automaker is carving out as a stand-alone entity, according to a person familiar with the matter.

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