By Giulia Petroni
Renault SA continues to evaluate options for the possible divestiture of its electric car assets from the internal combustion engine business, Chief Financial Officer Thierry Pieton said in a conference call after the release of first-quarter results.
“At this stage all options are still on the table,” Mr Pieton said. These include the possibility of a spin-off and an IPO of the EV business, which would take place in the second half of 2023.
Renault is expected to announce more details about its plans at a capital markets day in the fall.
Write to Giulia Petroni at [email protected]
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