Renault is set to commit more than €10 billion to expanding its production in France, focusing heavily on electric vehicles and affordable models, according to the company’s CEO. The investment reflects a strategic push to strengthen its position in the European market amid rising demand for sustainable transportation. The move also signals Renault’s commitment to maintaining its manufacturing base in France despite global supply chain challenges. Details on specific projects and timelines remain under wraps, but the scale of the funding underscores the automaker’s long-term vision for electrification and cost-effective mobility.
Renault to invest over €10 billion in France in EVs, affordable cars, CEO says Reuters
