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Forsee Power announces facility to manufacture EV batteries in France

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Forsee Power announces facility to manufacture EV batteries in France

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Forsee Power has announced its intention to create a manufacturing facility in the urban community of Grand Poitiers, in France, close to Futuroscope, to produce its dedicated transport batteries. This new facility will enable the Group to begin mass production of its batteries and expand its production capacity by a factor of 10, beginning at the end of 2018. More than 100 jobs are expected to be created this year, and around 300 by 2021, before any additional extension to the plant.

The Group, which announced that it had secured €55 million in funding last December to support industrial production of its battery systems, continues on track with its roadmap to the future. This significant funding package was put in place by the European Investment Bank, Mitsui & Co. in Japan and Idinvest Partners.

"This new facility gives Forsee Power the manufacturing capacity it needs to support the energy transition of public transport systems in Europe. This investment is a perfect fit with the Industry Plan announced by the French government at the end of last year, which particularly targets the development of a French batteries sector", emphasises Forsee Power CEO Christophe Gurtner, who is proud to represent the French manufacturers.

Forsee Power Group has signed major battery supply contracts with high-profile bus manufacturers, including CNHI (Iveco and Heuliez), CaetanoBus in Portugal and Wrightbus in the UK.

The new 15,000 m² facility will initially run 3 automated production lines offering sufficient capacity to manufacture 2,500 electric bus batteries per year (or the equivalent for industrial vehicles). All the roofs of the plant and its car parks will be covered with photovoltaic panels to generate 1.8 MWc of clean electricity to power the plant, with the surplus being injected into the main grid. 10,000 m² of additional land will be held in reserve to facilitate the growth of Forsee Power over the medium term.


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Forsee Power announces facility to manufacture EV batteries in France
Modified on Wednesday 11th April 2018
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