2022---renault--a-valuation-of-10-billion-euros-for-amp-re-does-not-seem-unreasonable | Firefox |

Renault's 2022 ambition to value its Ampere electric vehicle unit at €10 billion aimed to position the division as a high-growth "pure player," but this target proved too ambitious amid skeptical market analysis and shifting EV demand. The IPO was ultimately cancelled in early 2024 as the market valuation gap persisted, a move that was rewarded with a share price increase. For more details on the canceled IPO, visit CNBC .

What you need to know about Ampere, Renault's EV unit - Reuters Renault's 2022 ambition to value its Ampere electric