Renault to join PSA, Total in electric batteries venture - Macron


Reuters | Paris | Updated: 26-05-2020 22:04 IST | Created: 26-05-2020 21:28 IST
Renault to join PSA, Total in electric  batteries venture - Macron
Representative Image Image Credit: ANI
  • Country:
  • France

Carmaker Renault will join PSA and energy major Total in an all-French venture manufacturing batteries for electric and hybrid cars, President Emmanuel Macron said on Tuesday.

Speaking after a visit to a Valeo car parts factory, Macron said he aimed to make France the top producer of clean vehicles in Europe and unveiled a financial support plan worth more than 8 billion euros for the industry.

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