France Pulls Investment in Renault EV Battery Plant
In a significant blow to Renault’s electric vehicle battery programme, the French Strategic Investment Fund has decided to withdraw its plans to invest €125million in the project.
According to reports in La Tribune, a €100million public loan will also no longer be granted.
Currently,France owns a 15 per cent stake in Renault which is investing €4billion, along with its alliance partner Nissan, into its electric vehicle programme. One of the key parts of the programme was the manufacture of lithium-ion batteries and the Zoe electric vehicle at Flins. However, reports suggest this was the subject of a meeting between Renault CEO Carlos Ghosn and French Minister of Industry Eric Besson last week.
|<< PREVIOUS||NEXT >>|
Order is largest placed to date for Elektromotive Elektrobay charge stanchions.
EV-Box is first of its kind to use polycarbonate housing.
Electric vehicle battery charger is available in both liquid-cooled and air-cooled models.
blog comments powered by Disqus