Macron announces big investments at France's 'electrification team' meeting

Macron announces big investments at France's 'electrification team' meeting Business

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06:23

Issued on: 28/05/2026 - 11:02Modified: 28/05/2026 - 11:03

06:23 min Share Play (06:07 min) From the show Reading time 1 min

French President Emmanuel Macron gave the country's plans to move away from fossil fuels another boost on Tuesday, announcing big private investments, including a €1 billion EV project from Stellantis. Some 200 companies signed onto a national pact to join the government's efforts to double the share of electricity in the country's energy mix to 60 percent by 2030. Plus, BP has fired its chairman Albert Manifold over "serious concerns" about governance standards and conduct. 

By: Yuka ROYER Advertising Related keywords

• France
• Emmanuel Macron
• energy
• electricity
• electric cars
• Fossil fuels
• climate change