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Renault to invest over €10 billion in France in EVs, affordable cars, CEO says
PARIS: Renault Group will invest more than €10 billion ($11 billion) in France over the next five years in electric vehicles and more affordable cars, Chief Executive François Provost said on Saturday. “Over the last five years, we invested €13 billion in France to transform entirely our industrial footprint to bet on electric, and over the five coming years, if the social and political context allows it, we will re-invest more than €10 billion to continue pushing on electric and on making cars more affordable”, Provost said in an interview on France Inter radio. Electric cars reached...
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