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Automotive: Chinese Envision bets 2 billion in Douai

2021-06-28T00:04:47.995Z


Renault's partner in batteries will invest to create a gigafactory. Nothing like a factory visit with a colossal investment and thousands of job creations to boost morale. Emmanuel Macron will, this Monday morning, visit the Renault site in Douai. The announcement justifying the President of the Republic's trip does not concern Renault directly, but its partner in the batteries, the Chinese Envision. The latter will invest nearly 2 billion euros to create a gigafa


Nothing like a factory visit with a colossal investment and thousands of job creations to boost morale.

Emmanuel Macron will, this Monday morning, visit the Renault site in Douai.

The announcement justifying the President of the Republic's trip does not concern Renault directly, but its partner in the batteries, the Chinese Envision.

The latter will invest nearly 2 billion euros to create a gigafactory that will employ 2,500 people!

Read also:

Automobile: Renault relaunches production in the north with ElectriCity

Envision founder and CEO Lei Zhang is also in France for the Choose France summit.

The group he founded is today the world number five in static and vehicle batteries.

"Europe is committed to a green policy, with enormous commitments",

explains Lei Zhang to 

Le Figaro

.

Hence the ambitions of the Chinese leader.

"We are a truly global group, with factories to manufacture our batteries in Japan, China, the United States and the United Kingdom."

For

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Source: lefigaro

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