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France 24

Business

Charles PELLEGRIN

France inaugurates its first electric car battery plant amid re-industrialisation drive

France European Union Nvidia Europe Petrol

BUSINESS DAILY © FRANCE 24

France's inaugural "gigafactory" is perceived as a critical milestone in the transition towards a green economy, given that the EU is set to prohibit the sale of petrol cars beginning in 2035. In anticipation of this deadline, both France and Europe aim to lessen their reliance on Chinese suppliers, who have enjoyed a lead of over a decade. In other news, Nvidia's CEO has announced a 'new era of computing' as the chip manufacturer seeks to capitalise on the surge of generative AI technology.

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