Renault invests €1 billion in electric mobility
Renault has announced their plan to invest about 1 billion euros into the expansion of development and production of electrified vehicles in France. Specifically, the manufacturer is planning to develop a new alliance platform for electric vehicles in the Douai factory.
The factory in northern France will be the second EV manufacturing facility in the country next to Flins. At the Flins factory, Renault will be doubling the manufacturing capacities for the Zoe and has begun investing in development for the next generation of the vehicle.
The Cléon factory will see a tripling of the manufacturing capacities for electric motors. Furthermore, the next generation of electric motors for the manufacturer will begin production in 2021. Renault is also investing into their Maubeuge facility, in order to produce the next generation of the Kangoo model family, including the electric Kangoo Z.E there.
The announced investments are part of the Drive the Future strategy, which plans to establish 20 electrified Renault models by 2022, including 8 fully electric vehicles.
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