France inaugurated its first electric car battery plant amid re-industrialisation drive.

France's inaugural "gigafactory" is perceived as a critical milestone in the transition towards a green economy, given that the EU is set to prohibit the sale of petrol cars beginning in 2035.

In anticipation of this deadline, both France and Europe aim to lessen their reliance on Chinese suppliers.

https://www.france24.com/en/tv-shows/business-daily/20230530-france-inaugurates-its-first-electric-car-battery-plant-amid-re-industrialization-drive

#France #Douvrin #EV #Batteries #Gigafactory #BatteryValley

Business Daily - France inaugurates its first electric car battery plant amid re-industrialisation drive

France's inaugural "gigafactory" is perceived as a critical milestone in the transition towards a green economy, given that the EU is set to prohibit the sale of petrol cars beginning in 2035. In anticipation of this deadline, both France and Europe aim to lessen their reliance on Chinese suppliers, who have enjoyed a lead of over a decade. In other news, Nvidia's CEO has announced a 'new era of computing' as the chip manufacturer seeks to capitalise on the surge of generative AI technology.

France 24

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