Renault and Nissan and the French government set up a car battery joint venture
[AP] Renault and Nissan will work with the French government set up a joint venture production of automotive batteries, eventually will reach an annual output of 100,000 battery.
NEW YORK, November 6 reported that Renault SA (Renault SA) will form a joint venture with the French government produced electric vehicle batteries, which is the French government actively supports the latest sign industry.
Renault and Japanese partner Nissan Motor Co. (nissan Motor Co.) 5 signed a Letter of Intent with the French government set up a joint venture. These include the French wealth fund, Fonds StrategIQ ue Investissement, it will donate 125 million euros to the project. The first phase of the project The total investment for all interested parties would be about 600 million euros, the final output will reach 100,000 batteries per year.
French Industry Minister Christian Estrosi said that the public authority has the responsibility to support electric vehicle-related technical and industrial reform, which is a new impetus to industrial growth.
The development of electric vehicles rely on government support, because the battery’s high prices prevented a large-scale production of new corporate vehicles. Car company hopes to mass production in the cell, after their costs could decline.
Renault and Nissan, who is also chief executive Carlos Ghosn at Renault factory Flins a news conference, said that zero-emission vehicles required between the private and public spheres of special co -dell 6y270 battery,dell 75uyf battery,dell c1295 battery,dell gd761 battery,dell kd476 battery.