France not ready to invest in electric car project

Newswire

* FSI says guarantees not enough to protect public money

* Meeting planned for Wednesday could be cancelled

PARIS, Dec 7 (Reuters) - France's strategic investment fund (FSI) is not yet ready to invest in manufacturer Heuliez's electric vehicle project as new owner Bernard Krief Consulting (BKC) has not met necessary guarantees, a fund spokesman said.

"At this stage, public money would not be protected," the spokesman for the fund, set up to help struggling ...

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