Currently reading: Renault creates new company Ampere to lead EV, software push
Ampere will produce one million EVs for Renault in 2031; public listing expected in late 2023

The Renault Group has hived off its electric vehicle and software activities into a dedicated new business, called Ampere, as part of the third stage of its 'Renaulution' transformation.

The announcement comes as part of a wide-reaching update to boss Luca de Meo's reinvention plans, which see the company shift focus to becoming what it calls "a next-gen automotive company".

Hiving off Ampere as its own entity, the Renault Group says it is creating "the first EV and software pure player born from an OEM disruption".

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