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Renault signs two major battery deals for production in France; Envision AESC and Verkor

Green Car Congress

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. Investing to build a new gigafactory in northern France, we aim to support the net zero carbon transition by making high performance, longer range batteries and EVs affordable and accessible for millions more motorists.

France 334
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.

Financing 243
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T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

Italy, Poland, Germany, the UK, Spain and France, which buy 70% of the urban buses sold in Europe, lag behind. However, Germany is now financing 80% of the higher purchase cost of e-buses. T&E said the EU’s €750-billion COVID recovery fund is a clear way to finance e-bus deployment.

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France rolls out the pink carpet for EV battery factories

Baua Electric

However France is catching up, partially because of its largesse in investment tasks in advance. 2 billion euros and assemble 3,000 jobs over future, France presented incentives usefulness greater than 1 billion euros ($1.1 To win the ProLogium solid-state battery plant, which is anticipated to contain a complete funding of five.2

France 52
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Arkema boosting Kynar PVDF production to meet Li-ion materials demand; targeting €1B in battery sales by 2030

Green Car Congress

France-based specialty chemicals and materials company Arkema announced a 50% increase in its Kynar PVDF fluoropolymer production capacities at its Pierre-Bénite site in order to address the fast-growing demand for materials for lithium-ion batteries. Arkema now aims for sales of at least €1 billion in the battery sector by 2030.

Li-ion 221
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Stellantis CEO Tavares requires degree taking part in farmland for worn, fresh automakers

Baua Electric

Stellantis CEO Carlos Tavares mentioned legacy and fresh automakers must compete at the similar web page following a squabble with France over the place it expands output of the electrical Peugeot e-208 and nearest Ecu leaders flung unmistakable their doorways to Elon Musk. Why don’t we ask our competitors to make” mass-market EVs in France.

Parts 52
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France wins battery gigafactory with competitive lobbying, incentives

Baua Electric

Gilles Normand, ProLogium govt vice-president, stated that later Macron, a former funding banker, pitched Yang greater than a future in the past Finance Minister Bruno Le Maire adopted up and helped put together the corporate’s case with the Eu Fee for EU monetary incentives.

France 52