EDF Group, Schneider Electric make big pledges on renewables, EVs

Two French multinationals have made significant commitments on renewable energy and electric vehicles.

In announcements Monday, Schneider Electric said it had committed to 100 percent renewable electricity use by the year 2030, while the EDF Group said it would convert its entire fleet to electric vehicles by 2030.

Schneider Electric said it had joined both the RE100 and EP100 initiatives. The EDF Group said it had joined the EV100 initiative

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