The key French index, the CAC 40, remains volatile this week as legislative election outcomes continue to sway investor sentiment.
Press ReleaseJuly 1, 2024 Ampere leads a groundbreaking battery strategy for Renault Group with LFP technology and cell-to-pack solutions A STRATEGIC PLAN DRIVING MAJOR TRANSFORMATIONS IN RECORD TIME. PROOF OF AMPERE'S COMMITMENT TO AGGRESSIVELY REDUCE VEHICLE COSTS AND DEMOCRATIZE ELECTRIC MOBILITY IN EUROPE. Ampere integrates LFP (Lithium Iron Phosphate) technology to complement NCM batteries (Nickel Cobalt Manganese) and creates a European value chain, ensuring efficiency and price competitiv
Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely Aramco has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited (“HORSE”) valuing the target at €7.4 billion enterprise value. Renault Group and Geely each retain 45% equity stakes.The investment by Aramco, will support the growth of HORSE Powertrain limited and contribute to the development of competitive power