Renault to invest over 1 billion Euros to accelerate EV production in France
On Thursday, French automaker Renault announced that it has earmarked an amount of more than 1 billion euros ($1.2 billion) for investment in its home country, with the objective of accelerating the production of electric vehicles (EVs).
The EV investment announced by Renault apparently marks an attempt by the automaker to keep its momentum going in terms of EV production. Renault has already emerged as a leading manufacturer of EVs in Europe, thanks to the success of its ZOE battery-powered subcompact car.
In announcing the new investment for increasing EV production capacity in France, Renault has revealed in a press release that its investment plan includes a number of initiatives.
Sharing further details about the initiatives which will be part of the new investment plan, Renault said that the maximum output at the ZOE production line in Flins, west of Paris, will be increased by two-fold with the EV’s next upgrade. Moreover, the automaker’s manufacturing facility in northern Douai will be tooled up for the purpose of producing EVs on a new architecture shared with Nissan, Renault’s affiliate in Japan.
Renault has further revealed that electric motor production capacity at the Cleon plant will be tripled; and a tooling investment will be made in Maubeuge in eastern France for the production of the company’s next Kangoo van, including its electrified version.
In a recent report, BMW-focused German website BimmerToday has revealed that BMW’s i3 all-electric car will be getting a new battery cell upgrade, aimed at giving the car a range of more than 200 miles.
Chinese electric vehicle market is fast growing and acceptance of green vehicles in China has increased over the last two quarters.
In Berlin this week, German automaker Audi shared some notable details about the 1,576-pound, 95-kWh lithium-ion battery pack of the company’s forthcoming 2019 e-tron battery-electric SUV.
At the Auto China 2018 event held in Beijing this week, General Motors (GM) took the wraps off a stunning new all-electric concept SUV --- the Buick Enspire.
According to the results of a recent Autolist consumer poll, US electric vehicle manufacturer Tesla Motors has received the highest trust rating among automakers presently involved in developing self-driving technologies.
According to the latest electric vehicle (EV) sales report for China for the month of March 2018, the number of EVs sold in the country during the month touched a total of 59,000 units; thereby marking a noteworthy 85% year-on-year increase as com