Automakers

Renault weighs separate EV business, finding partner for legacy assets

Renault 5 EV side
The Renault 5 EV concept. A production version will appear by 2025.
B
By:
Bloomberg
April 05, 2022 08:56 AM

Renault Group is exploring a possible breakup and initial public offering of its electric vehicle assets, according to analysts, a move that would transform the French automaker, which has been hurt recently by its ties to Russia.

Staying current is easy with newsletters delivered straight to your inbox.