Published by Global Banking & Finance Review®
Posted on July 10, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleRenault's Ampere partners with Chinese firms to launch an EV fund in Hangzhou, focusing on batteries and smart technology.
BEIJING (Reuters) -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.
(Reporting by Beijing newsroom; Editing by Jacqueline Wong)
The fund will focus on batteries, smart driving, smart cockpits, and embodied intelligence, among other cutting-edge fields.
Renault's electric vehicle business Ampere signed a deal with Chinese partners, including CICC Capital PE.
The investment fund was launched in Hangzhou, a city in eastern China.
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