Rivian (RIVN) is expecting cheaper prices for battery materials in 2024

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Renault CEO says Ampere IPO value could reach $10 Billion

September 5, 2023 10:26 AM EDT

According to CEO Luca de Meol, Renault's Ampere electric vehicle division, set to go public through an initial public offering (IPO), might attain a valuation of around 10 billion euros ($10.8 billion).

During an interview with the Financial Times at the Munich IAA car show on Monday, De Meo suggested that Ampere's market worth could range... More