Zapping Auto Moto Hyundai Ioniq 5 N: contact with the 650 hp electric battery!
Thunderclap on January 30 when the Renault group, through its director Luca de Meo, announced that it would not float on the stock market its division dedicated solely to electric models bearing the name Ampere. Among the main reasons given, the group’s very good economic health meant that it could “afford it”, to use Luca de Meo’s own words. Only, according to our colleagues at BFMthe situation could be more difficult than announced.
Enough cash to finance “the first eighteen months of Ampere”
Discordant voices are raised on this subject. As for Renault, we assure you that everything is fine. Financial director Thierry Piéton thus indicated: “we will be able to finance the cash planned for the first eighteen months of Ampère”. It remains to know how to start financing the sequel.
For this, the group says it can count on its investors. Nissan and Mitsubishi, for example, had promised to contribute 800 million euros (600 for the first brand, 200 for the second). According to the chairman of the board of directors Jean-Dominique Senard, there is nothing to worry about despite the cancellation of the IPO: “the amounts are not in question”.
On the investor side, the story is not the same. According to Nissan financial director Stephen Ma, nothing has been done: “we will continue to discuss with Renault,” he said. And even internally at Renault, anonymous sources are not particularly reassured. If the group was counting on investments to the tune of 1.5 billion euros, these were linked “to the IPO of Ampère”. A “close to management” adds that “there are two billion euros to find”.
Quickly the new electrical products
A solution could come from future new electrical products which will, it is hoped within the group, generate income by making electricity available to as many people as possible with their affordable prices. The R5 will be presented within a few days and marketed before the end of the year. The modern-day 4L will follow at the end of the year, if all goes well. Finally, there will also be the Twingo which, with its promised ultra-aggressive prices, could indeed help Ampere make money. But it is not expected before 2025 at the very least, rather 2026.
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To sum up
Luca de Meo said that the excellent results of the Renault Group partly explained its decision not to list the new division for electric cars on the stock market. However, apparently it would not be that simple.
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