Renault seals electric car battery deals with Envision, Verkor
French carmaker Renault said on Monday it had sealed partnerships with China’s Envision AESC and France’s Verkor to produce electric car batteries in northern France.
Carmakers globally are racing to keep ahead of rivals in producing cleaner vehicles, a technology shift that is already prompting Germany’s Volkswagen to build six battery cell plants of its own in Europe.
Renault made the announcement, which confirmed earlier media reports, before a visit of President Emanuel Macron to the Douai site in northern France where Envision is investing up to 2 billion euros ($2.4 billion) close to “Renault ElectriCity” electric car hub to create 2,500 new jobs by 2030.
