Ampere is an electric vehicle and software company formed in 2023 by Groupe Renault as part of the third phase of its "Renaulution" recovery plan.
[4] Ampere is set to develop and supply vehicles, initially for Renault.
[8] By developing Ampere as its own entity, Groupe Renault says it is creating "the first pure EV and software player born from an OEM disruption".
Renault planned to list the company on the Paris stock exchange from the second half of 2023, retaining a majority stake.
[3] However, on 29 January 2024 cancelled plans for the IPO citing "current equity market conditions".