It comes after European and UK sales of electric vehicles slowed last year, as cash-strapped consumers baulked at high prices and unevenly-spread charging networks.
Separately on Monday, London-listed car dealer Inchcape confirmed it was exploring a sale of its UK network of 70 sites.
The market for initial public offerings plummeted last year, as cautious dealmakers kept their powder dry amid rising interest rates and turbulent geopolitics.
According to EY, the volume of listings globally fell by 8pc compared to 2022, with proceeds down by 33pc.
Just $123bn was raised overall, the lowest annual figure for the past five years.
EY said sentiment appeared to improve towards the end of 2023 but Renault’s decision will be seen as a fresh note of gloom across the overall market.
Mr de Meo had previously suggested Ampere could be worth up to €10bn (£8.5bn), with the listing seen as a strategic move to separate Renault’s legacy car business from the faster-growing EV division.
The company did not blame lacklustre demand but said sales have cooled, with car makers slowing down their rollouts.
Last week, Tesla warned of a sales slowdown this year, adding that investors should expect “notably” lower growth as higher borrowing rates put consumers off car finance deals.
Separate data from the Society of Motor Manufacturers and Traders (SMMT) showed the UK market share of EVs went into reverse last year.
