Macron visits Paris auto show, Stellantis to boost electric car production in France

Record ID: 1693488

  • Title: Macron visits Paris auto show, Stellantis to boost electric car production in France
  • Date: 17th October 2022
  • Summary: PARIS, FRANCE (OCTOBER 17, 2022) (REUTERS) VARIOUS OF RENAULT STAND AT PARIS CAR SHOW FRENCH PRESIDENT EMMANUEL MACRON BEING SHOWN AROUND THE RENAULT CARS BY RENAULT CEO LUCA DE MEO VARIOUS OF RENAULT 4 ELECTRIC CAR DE MEO SHOWING MACRON RENAULT 5 TURBO (R5) PEOPLE GATHERED MACRON INSIDE RENAULT 5 TURBO (R5) MACRON ASKING (French): "What's the battery life of this car?"/ DE MEO REPLYING: "I don't know, it's made to run fast, more than to be autonomous. But we go depends on how fast you go, 300, 350km" MACRON LOOKING AT CARS JOURNALISTS MACRON/ CAR MACRON GETTING INTO CAR MACRON SPEAKING TO DE MEO IN CAR PEUGEOT'S NEW 408, ONE OF THE MODELS THAT WILL BE MANUFACTURED IN FRANCE (SOUNDBITE) (French) FRENCH PRESIDENT EMMANUEL MACRON SAYING: "For us, what matters to us is that when we are going to support, encourage our countrymen to change vehicles and move more and more towards vehicles that are hybrids or electric, and in particular to make electric vehicles affordable- is to have French production, and therefore to be able to meet our objective for the climate, for the reindustrialization of the country and for our sovereignty." (SOUNDBITE) (French) STELLANTIS CEO CARLOS TAVARES SAYING: "Today, in the presence of President Macron, I have the pleasure, the honour and the privilege of announcing to you that the electric Peugeot 308, the electric Peugeot 308 station wagon and the electric Peugeot 408 that you have here before your eyes, these three electric cars will be manufactured on the Stellantis site in Mulhouse, which will help to increase our production of electric vehicles on French soil from 6 to 12 (months), in the very short term." VARIOUS OF MACRON IN PEUGEOT CAR VARIOUS OF PEUGEOT RACING CARS (SOUNDBITE) (French) FRENCH PRESIDENT EMMANUEL MACRON SAYING: "Continue the innovations, continue the support to make France, once again a great automotive land of tomorrow." VARIOUS OF MACRON BEING SHOWN AROUND RENAULT STAND BY DE MEO (SOUNDBITE) (French) FRENCH PRESIDENT EMMANUEL MACRON SAYING: "Five years ago, we were just talking about it yesterday with manufacturers, 1% of the sales market was electric, today it's 10%, we multiplied that by 10 in five years. The objective is that at the end of this five-year term for me, but logically this project will go much further and that's very good, is that we hit 30% of the sales market." VARIOUS OF MACRON SPEAKING TO DE MEO
  • Embargoed: 31st October 2022 11:06
  • Keywords: France Macron
  • Location: PARIS, FRANCE
  • City: PARIS, FRANCE
  • Country: France
  • Topics: Company News Markets,Europe,Economic Events
  • Reuters ID: LVA001271917102022RP1
  • Aspect Ratio: 16:9
  • Story Text: President Emmanuel Macron announced bigger subsidies for poorer families to buy electric vehicles (EV) and pushed for more local production at the Paris Motor Show on Monday (October 17).
    Most EVs are currently more expensive than fossil-fuel equivalents and are unaffordable for many.
    At the opening of the Paris motor show, Stellantis CEE Carlos Tavares announced that it will double the share of electric car models it produces in France, adding that some new models of its Peugeot brand will be produced in the carmaker's Mulhouse plant.
    Two electric versions of its 308 sedans and the larger 408 will be assembled in Mulhouse, Carlos Tavares said, standing next to Macron and the Peugeot 408. He also announced new locally-made hydrogen models.
    "What matters to us is that when we are going to support, encourage our countrymen to change vehicles and move more and more towards vehicles that are hybrids or electric, and in particular to make electric vehicles affordable- is to have French production," Macron said.
    French carmaker Renault's new EV, a small SUV with stylistic nods to the iconic 4L of the 1960s, will be produced at the carmaker's Maubeuge plant in northern France and will go on sale in 2025.
    A lack of French-made EVs is a particularly sensitive subject at an auto show on home turf where Chinese brands have a strong presence.
    (Production: Antony Paone, Lucien Libert, Louise Dalmasso, Yiming Woo)
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