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Why is French carmaker Renault hiring in China?
- Renault has hired 200 workers in Shanghai, China, with expertise in electric vehicles.
- The company aims to learn fast EV production and has hired hardware and software engineers.
- Renault plans to launch several electric models, including an electric R5 city car.
- Renault's electric vehicles will be equipped with cheaper lithium iron phosphate batteries by early 2026.
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