Renault Group bets big on European-made EV batteries

All hail the French Revo… no, sorry, “Renaulution!” That’s what the Renault Group is calling its electric vehicle strengthening strategy, which has nothing to do with the “liberty, equality, fraternity” motto, but with the design and production of EV batteries. Today, the Group announced two major partnerships that will significantly enhance its efficiency and competitiveness in the EV market. Envision AESC Firstly, the Renault Group is teaming up with Chinese battery tech company and manufacturer Envision AESC. Together, they will construct a gigafactory in Douai, Northern France, in close proximity to the Renault ElectriCity industrial hub. As per the company, the Douai…

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