Total, Groupe PSA forming JV to produce EV batteries in Europe; €5B program; €200M pilot plant at Saft Nersac
Green Car Congress
JANUARY 30, 2020
Energy major Total, through its wholly-owned subsidiary Saft, and Groupe PSA with Opel, intend to establish a joint venture named Automotive Cell Company (ACC) to develop EV battery manufacturing in Europe. The project will leverage cutting-edge R&D, notably provided by Saft, in order to produce EV batteries starting in 2023. The partners say that the technology used will offer the highest level of energy performance, both in terms of range and charging time, and a lower carbon footprint than th
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