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

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.