Renault-Nissan Alliance, CEA and FSI to Form Joint Venture to Develop and Manufacture Batteries for Electric Vehicles
Green Car Congress
NOVEMBER 5, 2009
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. The Renault-Nissan Alliance will use its European battery plants in France, the UK and Portugal to supply electric vehicles built around Europe and Turkey.
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