Urgent.News

What's breaking now, across thousands of outlets.

Business

Renault’s plan for Chinese EV motor assembly in small French town sparks job loss fears

In the industrial heartland of Normandy, more than 100km (62 miles) away from Paris, lies the small town of Cleon. Home to fewer than 5,000 residents and a Renault factory, the town and its environs are a near-perfect reflection of the current state of France’s rust belt, where economic activity and jobs are dwindling – the factory’s workforce has shrunk from almost 5,000 to 3,124 in 10 years.…

Renault’s plan for Chinese EV motor assembly in small French town sparks job loss fears

In the Normandy industrial region, beyond Paris, lies Cleon, a town of less than 5,000 residents with a Renault factory. Over the past decade, the factory's workforce has dwindled from nearly 5,000 to 3,124. Renault's planned assembly line, constructed with Shanghai E-Drive for EV motor production, has been met with mixed reactions.

While Renault sees it as a reflection of the company's commitment to the factory, some workers fear the assembly line will only create a handful of jobs and pose competition, potentially leading to more unemployment. The politician who aided the deal also called for stricter made-in-France policies to encourage more Chinese production in France.

As EU and China enter talks to address trade imbalances, including the loss of European automotive jobs, the Cleon plant exemplifies the challenges of job creation in an industry projected to contract, even with Chinese investment. The assembly line is expected to be highly automated, with robots soon following, and could lead to fewer jobs, as many existing tasks become obsolete.

The local member of parliament from the left-wing La France Insoumise party supports stricter regulations to incentivize Chinese firms to produce more in France, arguing that current policies favor Chinese EVs over others. European researchers warn that the automotive sector is likely to shrink due to the EV revolution, leading to further job losses.

Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at scmp.com →

More in Business

Etisalat expands UAE digital infrastructure to 500 Tbps capacity

Telecommunications provider etisalat launched an international infrastructure expansion project to increase total connectivity capacity twenty fivefold to over 500 terabits per second by 2030

  • Project aims to enhance UAE's capacity for AI and digital economy demands by 2030.
  • Etisalat operates in 38 countries with over 250 million subscribers.

More from Wednesday 7 October →