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Renault-Nissan Alliance, CEA and FSI to Form Joint Venture to Develop and Manufacture Batteries for Electric Vehicles

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In order to complete the financing of the project, the European Investment Bank (EIB) is considering a loan of up to 50% of the €280 million (US$416 million) debt financing. Batteries produced by the joint venture would be available for sale to any manufacturer. billion) financed by the French government. Earlier post.).

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