• Most Popular
  • Most Shared

Renault to make electric car in Spain

Fri Nov 6, 2009 11:06am EST

Stocks

   

MADRID, Nov 6 (Reuters) - French auto maker Renault (RENA.PA) said on Friday it would build its new electric car based on the Twizy Z.E. Concept at its Valladolid plant in northern Spain.

Cyclical Consumer Goods

Renault chose Valladolid for its know-how and competitiveness in making compact cars, and Spain for its proximity to the electric car's target market of Western Europe.

"With the production of the vehicle based on the Twizy Z.E. Concept, Valladolid will be the first factory in Spain to mass produce an electric vehicle," Jean Pierre Laurent, managing director of Renault in Spain, said in a statement.

Production of the new electric car at the Valladolid plant, which currently makes Renault's Modus and Grand Modus models as well as the New Clio, will begin in 2011.

Renault has decided to mass market a whole range of affordable zero emissions products in 2011, and last month selected Valladolid to produce a thermal engine in 2012 and a fuel-combustion vehicle in 2013. (Reporting by Tracy Rucinski, editing by Will Waterman)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article