Automotive. Produce 2 million electric vehicles? A complicated bet


French President Emmanuel Macron on Tuesday announced a five-year investment plan of 30 billion euros aimed at developing industrial competitiveness and future technologies in France. The automotive industry is expected to get the largest share of the € 4 billion envelope dedicated to mobility. This should speed up construction projects for large electric battery assembly plants. Is it a gift or a rant?

Two competing factories

The Head of State pointed out the responsibility of the two French manufacturers, Renault and Stellantis (formerly PSA), unable to agree on a joint project for a battery production plant. “We need to focus on disruptive technologies, […] but all this only works if there is a real …


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