Renault Group studies listing its electric cars on the stock market

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Renault Group is weighing the idea of ​​taking the part of its business linked to electric vehicles and new mobility services to the stock market.

Bloomberg has revealed that in a meeting with analysts, Pierre-Yves Quéméner, senior automotive analyst at the Setifel rating agency, explained that

One would be the one that would have electric vehicles and mobility services such as shared cars grouped in the current Mobilize division and the other would be made up of combustion vehicles.

And according to the Sefitel analyst, who negatively recommends the value on the Renault stock market, that new electric company would come out on the market in 2023.

Currently, the Renault Group has divided its management by brands,

.

Within the plans of the French group, it enters that the Renault brand is 100% electric in 2030 in Europe.

Alpine, for its part, will jointly make electric vehicles with Lotus.

In fact, in February, Luca de Meo, the group's CEO, announced that all electric vehicle operations would be focused on France, while the rest of the vehicles would be made in other countries such as Spain, which is a hub for plug-in hybrids.

This approach stems from the fact that

, the Russian carmaker that makes the market-leading Lada brand in Putin's country.

In fact, Renault would already be looking for a local partner to divest itself of its participation and try to ensure that its accounts are not further affected in the middle of the second phase of its Renaulution plan.

The idea of ​​separating the electric vehicle from the combustion vehicle is not new.

Jim Farley, CEO of

on the other: "We will have the speed of a start up with the support and experience of a great manufacturer».

But Mercedes-Benz also has the EQ sub-brand for electric cars, BMW with the I, Hyundai with Ioniq, and within the Volkswagen group, Audi with e-tron, Volkswagen with ID or Seat with Cupra.

In addition, according to analysts,

but also, appearing as a start-up, seem to be more digital and flexible when it comes to distributing vehicles.

Even these companies are perceived as more sustainable and this is more attractive to investors.

Hence, traditional car manufacturers, in addition to moving towards the electric vehicle without dying in the attempt, must also be friendly in environmental terms.

They have to clean up the bad image left after the diselgate produced in 2015 and that is associated with combustion engines.

'bad bank'

It would be about creating within the same company what the Spanish (and world) banks have done to clean themselves up through the so-called bad bank: eliminate their toxic assets, in their case, the insolvent brick assets;

in the case of automotive multinationals, combustion vehicles.

paid by the entire group and would be attributed only to the area that integrates diesel and gasoline vehicles.

Everything always linked to the need to

.

Resources that can be achieved with

itself .

Volkswagen Group will confirm this summer the details of the departure of 30% of the emblematic sports company from Stuttgart, which would debut on the floor before the end of the year.

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