Renault unit launches EV industry investment fund with Chinese partners

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Renault unit launches EV industry investment fund with Chinese partners

Renault offers the new 2026 Arkana Hybrid E-Tech in three different trims: Techno, Iconic and Alpine. Photo is not related to the story. [RENUALT KOREA]

Renault offers the new 2026 Arkana Hybrid E-Tech in three different trims: Techno, Iconic and Alpine. Photo is not related to the story. [RENUALT KOREA]

 
Renault's electric vehicle business Ampere signed a deal on Thursday with Chinese partners, including CICC Capital PE, in China's eastern city of Hangzhou to launch an EV industry investment fund.
 
The fund will focus on batteries, smart driving, smart cockpits and embodied intelligence, among other cutting-edge fields, the French automaker said in a statement. The size of the fund was not disclosed.
  
 

 

Reuters
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