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 …
Source: Le Progrès : info et actu nationale et régionale – Rhône, Loire, Ain, Haute-Loire et Jura | Le Progrès by www.leprogres.fr.
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