Renault

Renault will invest over €10 billion in France over the next five years, mainly in electric vehicles and cheaper models. Chief executive François Provost said the spending requires a permissive social and political environment. In the past five years Renault has already spent €13 billion on the shift to electromobility; production at French plants is expected to rise by at least 25% in 2026 thanks to the EV ramp-up, while new electric vehicle registrations recently reached 42%. » More on manager-magazin.de

Renault will invest over ten billion euros in France in the next five years, mainly in electric vehicles and more affordable cars. CEO Francois Provost stressed that the funds are conditional on a favorable social and political environment. Renault has already spent 13 billion euros on the shift to electromobility in the past five years and expects production in 2026 to increase by at least 25 percent compared with 2025. » More on kurier.at

Former Renault-Nissan chief Carlos Ghosn, charged with corruption and exerting influence, did not show up for the opening of the trial in Paris and was not represented by a lawyer. Ghosn is accused of paying around €900,000 between 2010 and 2012 from a Dutch subsidiary of Allianz to former MEP Rachida Dati; there is suspicion of lobbying for the company. The judiciary is examining whether the trial will continue in his absence or be adjourned; a decision had not yet been made. » More on finanzen.net