Renault to invest $320 million, hire 550 workers to make electric vans in Northern France
SANDOUVILLE, France : French car maker Renault plans to take a position 300 million euros ($323.25 million) in its assembly plant positioned in Sandouville in northern France to form fresh-period electric trucks from 2026.
The company will add 550 workers to its 1,850 payroll at the plant over the subsequent four years, it said in an announcement.
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The mission to scheme a gentle-weight van, designed in articulate for last-mile transport of parcels, is section of Renault’s electric car unit Flexis, a joint enterprise with Sweden’s Volvo and French transport and logistics broad CMA CGM.
In March, Renault and Volvo got the important regulatory approval to formally originate the joint enterprise all the map in which via which CMA CGM Neighborhood has confirmed its hobby to take a position up to 120 million euros, Renault said. ($1 = 0.9281 euros)
Source: Reuters
