Renault CEO: Ampere unit start timing is “ideally” by end of 2023

FILE PHOTO: Renault publishes 2022 results

PARIS (Reuters) – Renault’s preparation efforts for carving-out its combustion engine unit are going “smoothly” and should be completed by the summer, Chief Executive Luca de Meo said on Thursday.

Asked on the timing for Renault’s planned new electric vehicle business dubbed “Ampere”, de Meo said it should be ready by the end of 2023, but would still be “depending on market conditions.”

(Reporting by Gilles Guillaume and Tassilo Hummel; Editing by Ingrid Melander)

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims