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Renault to invest over €10 billion in France in EVs

Original: Renault to invest over €10 billion in France in EVs, affordable cars, CEO says

Renault chief executive has announced plans to invest more than €10 billion in France, with the money directed toward electric vehicles and affordable car models. The pledge is one of the largest recent commitments by a French automaker to its home market and signals Renault's push to expand its EV lineup while keeping lower-priced cars in production. Details on timelines and specific plants have not yet been laid out.

Why now: A major multibillion-euro investment pledge by one of France's biggest carmakers, touching on EVs and affordability, naturally draws wide attention.

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