This news is classified in: Sustainable Energy Clean Transport Storage
Sep 4, 2020
Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. Yann Vincent has been appointed Chief Executive in order to implement and develop it. Ghislain Lescuyer has been appointed Chairman of the Board.
With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance batteries for the automotive industry from 2023.
Total/Saft will contribute its expertise in R&D and industrialization, and Groupe PSA its knowledge of the automotive market and its experience in production. The R&D centre in Bordeaux and the pilot site in Nersac (France) have already started in order to develop the new high-performance lithium-ion technologies. At the end of this R&D phase, mass production could be launched in two "gigafactories", in Douvrin (France) and Kaiserslautern (Germany).
by Battery Type (Sodium-Sulfur, and Sodium-Salt), Technology Type (Aqueous and Non-Aqueous), End-Use (Energy Storage, Automotive, and Industrial), and Region (Asia Pacific, Europe, and North America)
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This project benefits from the financial support of French and German public authorities representing €1.3 billion. It received the European institutions agreement through an IPCEI project that testifies to the strategic importance of mobility for the energy transition. The whole project will mobilize an investment more than €5 billion investment.