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Renault plans to value its electric business at 10 billion euros, according to Bloomberg – Sciences et Avenir

PARIS (Reuters) – Renault plans to value its electric business at around 10 billion euros, Bloomberg reported on Friday, citing people familiar with the matter.

According to sources, Renault will unveil its plans during “investor day” (capital market day) on November 8, adds Bloomberg.

Renault announced last April that it was considering an IPO of its battery-powered vehicles in the second half of 2023.

(Written by Camille Raynaud)

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