Renault SA is exploring a possible breakup and initial public offering of its electric vehicle assets, according to analysts, a move that would transform the French automaker laid low by its ties to Russia.
The possibility of a transformational change was outlined in broad terms by the manufacturer in February. During a meeting last week with analysts, top managers including Chief Executive Officer Luca de Meo and Chief Financial Officer Thierry Pieton provided more details, including timing and the potential involvement of a partner.
