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Renault to invest over €10 billion in France in EVs, affordable cars, CEO says

Summary by Reuters
Renault Group ​will invest more than €10 billion ($11 billion) in ‌France over the next five years in electric vehicles and more affordable cars, Chief Executive François Provost said on Saturday.

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Renault Group will invest more than €10 billion in France over the next five years to accelerate the electric vehicle transition in the country. The company's CEO, François...

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The group expects production in France to increase by more than 25% in 2026.

Renault Group will invest more than 10 billion euros in France over the next few years in electric vehicles and more affordable vehicles, according to a statement from its chief executive, François Provost. In an interview with public radio, France ⁠Inter radio, he said that his group expects that […] The post Renault: Investments of ten billion in France – Target more affordable vehicles appeared first on iEidiseis.

Renault will invest more than 10 billion euros in France in the coming years for electric and more economical vehicles, CEO Francois Provost said, predicting a production increase in France of more than 25% by 2026.

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Reuters broke the news in London, United Kingdom on Saturday, October 3, 2026.
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