China’s Envision Group is scaling back the size of its planned electric-vehicle battery plant in northern France, a project developed for Renault SA that could expand to supply other automakers.
Envision AESC, the battery unit of the Shanghai-based parent, aims for a capacity of 30 gigawatt-hours a year or more from the site by 2029, it said in a document posted on the website of French authority CNDP. Earlier this year, the company had projected 43 gigawatt-hours by the end of the decade.
