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France aims to reduce Europe's reliance on Asia-made EV batteries

MR
By:
Michel Rose
|
R
By:
Reuters
February 14, 2019 08:57 AM

PARIS -- France will invest 700 million euros ($790 million) over the next five years into projects to boost the European electric car battery industry and reduce its automakers' reliance on dominant Asian rivals, President Emmanuel Macron said on Wednesday.

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