Renault Pledges 600M Euros for Spanish EV Plants

Renault Group announced a 600 million euro investment through 2030 to upgrade its Spanish manufacturing plants. The funds will support the production of five new models, including electric vehicles and a battery assembly line.

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FILE PHOTO: Newly manufactured Renault R5 E-Tech cars in the yard at the Renault factory of the Ampere ElectriCity site in Douai, France, July 15, 2026. REUTERS/Benoit Tessier/ File Photo

RENAULT SA will invest €600 million ($683 million) through 2030 to overhaul its manufacturing footprint in Spain. The funding will adapt production lines for five new vehicle models and build a dedicated battery assembly line.

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