China's Envision eyes France for new EV battery factory

PARIS: Chinese renewable energy group Envision is looking to build a battery factory in France to supply the growing electric vehicle market, French newspaper Journal du Dimanche (JDD) said on Sunday.

The company, which has battery production plants in Japan, the United States, Britain and in China, has identified around a dozen potential locations in France for the future factory, the JDD said, citing unnamed sources.

The newspaper quoted Sylvie Ouziel, an international director at Envision, as saying the group planned to invest hundreds of million of euros in a new plant that was expected to open in late 2023 and eventually create around a thousand jobs.

She said Britain's exit from the European Union had changed the landscape and that an extra plant was needed to supply countries including France and Spain, although she did not specify France as the planned location for the new factory.

Envision did not immediately respond to a request for comment.