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Renault considers separate bourse listing for electric vehicle assets – CEO
2022.04.12 19:32
FILE PHOTO: A board with the logo of Renault is on display near a car showroom in Saint Petersburg, Russia March 24, 2022. REUTERS/REUTERS PHOTOGRAPHER/File Photo
PARIS (Reuters) – Renault (PA:RENA) Chief Executive Luca de Meo said on Tuesday that the automaker’s plans to create a separate division for its electric (EV) assets could eventualy lead to a separate listing.
“This could mean a separate listing. This is a conditional, this is precisely what we are reviewing,” De Meo told a news conference.
The plan to separate the combustion engines activity could interest Nissan (OTC:NSANY) or long-term investors, he added.