Renault Group and CICC Private Equity signed a partnership agreement for the new energy vehicle industry fund.

Reporters learned that Ampere, a subsidiary of the Renault Group, signed a partnership agreement for the new energy vehicle industry fund with CICC Private Equity, Hangzhou Capital, and Hangzhou High-tech Venture Capital today. This fund cooperation will focus on various cutting-edge areas such as batteries, intelligent driving, intelligent cabins, software, and embodied intelligence, to explore investment opportunities in the new energy vehicle industry ecosystem, strive to achieve a win-win situation for invested companies, strategic partners, and investors, nurture mutually supportive advantageous industrial chains, and promote industrial upgrading. It is reported that this is also the first time that the Renault Group has cooperated with Chinese private equity institutions and local industrial capital.