In November 2022, Renault announced Ampere, a new EV and software standalone business unit named after French physicist and mathematician André-Marie Ampère. At the time, Renault said Ampere would be ...

Renault is throttling back plans for its EV-focused Ampere unit as the company has cancelled a planned initial public offering (IPO). As the automaker explained, Ampere was created as the “only ...

Ampere, Renault Group’s electric vehicles business unit, has promoted Chief Operating Officer Josep Maria Recasens to CEO, succeedinf Renault Group CEO Luca de Meo in that position. The unit includes ...

Renault spun off its EV operations in 2023 when it created the Ampere unit. At the time, the French carmaker named Josep Maria Recasens as COO, while Renault CEO Luca de Meo also assumed the role of ...

French carmaker Renault on Monday called off the IPO of its electric car and software subsidiary Ampere, saying the market conditions were no longer favourable. "Renault Group considers that the ...

In a big hopeful move to catch up to Tesla and Chinese manufacturers, French automaker Renault has officially separated its newly formed EV unit Ampere from the rest of the business. The company has ...

Effective from 1 April 2025, Josep Maria Recasens will serve Ampere CEO. Credit: Renault. Ampere, Renault’s electric vehicle (EV) unit, has named Josep Maria Recasens as its new CEO, effective from 1 ...

Shares of French car maker Renault jumped 5% in early deals on Tuesday, after the company canceled plans to publicly list its new electric vehicle and software business. Renault said Monday that it ...

Renault hopes to list its Ampere electric vehicle business next year as it pushes forward with an ongoing transformation and transition to EVs. While recently speaking about the firm’s plans, Renault ...

Renault SA’s electric-vehicle venture is set to be profitable as soon as 2025 with the company readying the Ampere unit for an initial public offering. The French carmaker also expects to break even ...