Chinese enterprises invest in Dunkirk, the gospel of French seaport. According to a report by France’s Daily Opinion on the 26th, China’s battery manufacturer Vision Group selected the French port city of Dunkirk to build an overseas “super factory”.
Local legislators were optimistic about the project that would bring an investment of 1 billion euros and create more than 1,000 jobs, saying that “France can serve as a ‘bridgehead’ for Chinese companies to carry out battery business on the mainland Europe”.
According to the report, in the past decade or so, the batteries produced by Vision Group have been equipped with more than 500,000 electric vehicles of multiple brands, which are of excellent quality. If all goes well, the first batch of 100% French-made batteries will leave the factory in early 2024.
In addition to the automotive battery market, the plant plans to produce fixed batteries that can store renewable energy, such as solar or wind energy.
Dunkirk believes that because both entry-level and high-end “ecological vehicles” must be equipped with batteries, French-made batteries have great “great market potential” in the future.
Moreover, this not only coincides with the goal of “reindustrialization” using green industries in Upper France, but also proves that France has not lost its investment appeal.
