FRANCE / RankWire.AI / – Renault Group has announced plans to allocate more than €10 billion for investments in France over the next five years. Chief Executive François Provost revealed this financial pledge on October 3. The funds are intended to enhance electric vehicle production and develop lower-cost models. During 2025, Renault produced approximately 500,000 vehicles in France, with the company projecting at least a 25% increase in French manufacturing in 2026. Provost emphasized that the commitment hinges on maintaining stable social and political conditions within the country.
Since 2021, Renault Group has already invested €13 billion in France, backing factory operations, electric vehicle manufacturing, and related industrial activities. By July 2026, Renault reported that it had produced one million electric vehicles in France since 2010, with about 600,000 of those manufactured at its ElectriCity hub in northern France. The company currently employs nearly 39,000 individuals across France. Additionally, Renault states that its local operations support approximately 35,000 jobs through its supplier network.
The automaker maintains a widespread manufacturing presence throughout France, including assembly facilities in Douai, Maubeuge, Dieppe, Batilly, and Sandouville. Mechanical and industrial support functions are provided at sites in Cléon, Ruitz, Le Mans, and Flins. The Douai plant produces the Renault 5 E-Tech electric, while Maubeuge manufactures the Renault 4 E-Tech electric. Renault also produces electric commercial vehicles at multiple French locations, with this extensive network forming a core part of its electric vehicle manufacturing capacity within its home market.
Electric Vehicle Market Share Grows Significantly in France
During September, battery electric vehicles represented 42% of all new passenger car registrations in France, setting a record for monthly electric vehicle adoption. The country registered 156,629 new passenger cars in that month, reflecting an increase of approximately 12% compared to the same period last year. For the first nine months of 2026, battery electric models accounted for about 31% of all registrations, up from nearly 18% during the same timeframe in 2025.
This growth in electric vehicle production aligns with Renault’s forecast of increasing output from its French plants by at least 25% in 2026. In July, Renault also announced an additional €13 billion investment in France as part of its futuREady strategy, which remains conditional on favorable circumstances. Provost’s remarks in October reaffirm that the current five-year plan involves investing over €10 billion. These statements follow Renault’s cumulative domestic investment of €13 billion since 2021.
French Manufacturing Sites Play a Key Role in Renault’s EV Production
By July 2026, Renault’s ElectriCity facilities at Douai and Maubeuge had produced approximately 600,000 electric vehicles. The production of the Renault 5 E-Tech electric exceeded 100,000 units by the end of 2025. The Maubeuge plant also manufactures the Renault 4 E-Tech electric and various electric commercial models. Between 2022 and 2025, ElectriCity added 700 permanent jobs, with an additional 550 temporary workers employed at Douai by July, driven by increased production demands.
The new investment further expands Renault Group’s existing €13 billion investment in its French manufacturing network since 2021, focused on electric vehicle production and related activities. Renault anticipates a significantly higher vehicle output in France in 2026 compared to 2025. Provost highlighted that the next five years of spending will be dedicated to electric cars and more affordable vehicle options. This announcement coincides with France experiencing a record monthly market share for electric vehicles in 2026.