Renault is currently reviewing the split plan. The company will present it to the stock market in the fall.
“The aim of these strategic reflections is to adapt each technology, drawing on the group’s strengths and expertise on its various markets and within the Alliance”, Renault said.
A Reuters source said earlier this year that Renault chief executive Luca de Meo wanted to split the electric vehicle production group. The plan to separate this unit is to catch up with Tesla and Volkswagen.