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ampere

Renault sets revenue targets for EV unit Ampere amid IPO plans

by Adesola Mojo
Renault sets revenue targets for EV unit Ampere amid IPO plans

Renault anticipates a substantial surge in revenue for its electric vehicle unit, Ampere, reaching 10 billion euros ($10.8 billion) by 2025, aiming to reassure skeptical investors ahead of the unit’s …

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Categories Automobile

Nissan Plans to Allocate up to 600 Million Euros for New Renault EV Unit Investment

by Adesola Mojo
Nissan Plans to Allocate up to 600 Million Euros for New Renault EV Unit Investment

TOKYO – Nissan and Renault on Wednesday finalized the terms of their revamped alliance, with the Japanese automaker committing to invest up to 600 million euros ($663 million) in its …

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Categories Automobile

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