Renault pledges major new spending on electric and affordable cars in France
Renault's chief executive announced a multi-year plan to boost investment in electric and lower-cost vehicles in France, contingent on a favourable social and political climate.
Renault's managing director, François Provost, outlined a new five-year investment programme focused on expanding electric and cost-effective vehicle production in France, subject to a supportive social and political context. He highlighted that the group has already transformed its French manufacturing base in recent years and now plans to deepen that effort. Production is slated to grow by over 25 % in 2026 relative to the prior year, reflecting the surge in electric-car demand.
The automaker reported a output of 500,000 vehicles in France in 2025 and expects the next year’s figure to exceed that level. Industry statistics from the French automotive and mobility sector indicate that electric models made up 42 % of sales in September, rising to nearly half when plug-in hybrids are included.
Why it matters
Renault's expanded investment could accelerate France's shift to electric mobility and create jobs.
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