Renault is looking to turn its Alpine performance brand into a global player, and may use an IPO to fund the expansion.
3 Alpine electric cars teased during presentation on June 30, 2021
But de Meo revealed that Alpine is also developing two more larger vehicles better suited to U.S. and Chinese tastes. They will be SUVs similar in size to BMW's X3 and X5, with the smaller model due in 2027 and the larger one in 2028. The basis of the vehicles could be a platform from the Renault Nissan Mitsubishi Alliance, or from another automaker, de Meo said. One possibility is a platform from one of Geely's brands. Renault and Geely are already working together onTo fund the expansion, Alpine is considering launching an initial public offering, Forbes reported, though such a move will only happen after Alpine is made a standalone company with its finances fully separated from Renault, which is expected to be in 2024.
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