Renault plans more than €10 billion of French investment in EVs and more affordable cars.
CEO François Provost said the five-year plan would continue the company's electrification push, subject to a stable social and political environment.
By TomorrowNews · AI-assisted briefing · Briefing published 4 October 2026
AI-generated illustration — not a photograph of the event. The vehicles, factory and France-shaped light are fictional and do not depict Renault products or facilities. · TomorrowNews / AI-generated illustration
Renault Group CEO François Provost told France Inter that the automaker intends to reinvest more than €10 billion in France over the next five years. He said Renault had spent €13 billion over the previous five years to transform its industrial footprint around electric vehicles.
Reuters reported that battery-electric cars reached a record 42% of French new-car registrations in September. Provost said Renault expects to produce at least 25% more vehicles in France in 2026 than the 500,000 it made there in 2025.
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