France's Macron unveils plan to give electric battery industry a jolt
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PARIS (Reuters) - France will invest 700 million euros (614 million pounds) over the next five years into projects to boost the European electric car battery industry and reduce its carmakers' reliance on dominant Asian rivals, President Emmanuel Macron said on Wednesday.In a speech to the Paris-based International Organisation of Motor Vehicle Manufacturers, Macron unveiled his strategy to help the French car industry fend off competition on electric vehicles (EV) and autonomous cars from Asian..