France to host pilot plant for Franco-German battery consortium - source
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PARIS (Reuters) - France will host a pilot plant to make electric car batteries, a French Finance Ministry source said, part of a pan-European project to rival Asia's dominance of the battery market.France had committed 700 million euros (621 million pounds) and Germany would offer 1 billion euros towards a project that envisaged setting up plants in both nations in future, the source said of the plans. A minister said the plans would be announced on Thursday.The electric car battery project..