logo
  

Renault, Representative Trade Unions In Deal To Create Renault ElectriCity

French carmaker Renault (RNSDY.PK,RNSDF.PK,RNT.L) announced Wednesday that it has signed an agreement with the representative trade unions for the future of the Renault sites in the Hauts-de-France region.

The deal, which is part of the Renaulution strategic plan, will result in the launch of Renault ElectriCity. The new legal entity would group together the sites of Douai, Maubeuge and Ruitz in northern France, with nearly 5,000 employees. It will be the largest and most competitive electric vehicle production centre in Europe.

The representative trade unions include CFDT, CFE-CGC, CFTC, CGT, FO and SUD.

Renault ElectriCity aims to produce 400,000 vehicles per year by 2025, and will contribute to the creation of 700 direct jobs spread across the various sites by 2025 and a university and training centre.

Renault plans to create 700 permanent jobs between 2022 and the end of 2024, with 350 new hires at the Maubeuge site and 350 new hires spread over the Douai and Ruitz sites.

Renault will also participate in innovation initiatives in partnership with start-ups and specialised entities to support future developments in the automotive world by participating in 'Incubator' type initiatives.

Douai plant is expected to produce its first electric vehicle, Mégane E-Vision, from 2021 on the Alliance's new modular CMF-EV platform. On the same platform, Douai will be assigned a new C-segment vehicle.

Maubeuge site manufactures New Kangoo, New Kangoo Van for Renault and its partners Mercedes and Nissan and will produce New Kangoo E-Tech Electric in 2022.

Ruitz plant will host a new electrical components manufacturing activity.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Juul Labs, an e-cigarette maker, said it has reached settlements with more than 5,000 vaping lawsuits in the United States. The cases were related to personal injury, consumer class action, government entity, and Native American tribes. In a statement, the company said it cannot disclose the settlement amount at this time as part of the settlement and court process. Apple Inc. plans to start using American-made processors from the new advanced chip factory in Phoenix, Arizona operated by chip giant Taiwan Semiconductor Manufacturing Co., according to its Chief Executive Officer Tim Cook. At an event in the factory in Arizona, which was attended by U.S. President Joe Biden, it was also announced that TSMC will invest $40 billion in the new factory. Lidl US has recalled its 8.4 oz Favorina branded Advent Calendar, i.e., Premium Chocolate with a Creamy Filling, citing potential Salmonella contamination, the U.S. Food and Drug Administration said. The products were available for sale at Lidl stores between October 12, 2022 and December 5, 2022. They will have a BEST IF USED BY year of 2023, and barcode number of 4056489516965.
Follow RTT