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French Forsee sets foot in the United States

ETI launches the construction of a factory in Ohio. She wants to multiply her activity by eight in five years.

It is a little known but strategic link in the new world of energy transition, which captures up to a quarter of the value of an electric vehicle. The French company Forsee Power designs and produces battery systems for heavy vehicles and two-wheelers. In its factories, it adds to the accumulators – which it does not produce – the technical and software layers essential to insert them into electric scooters, buses, trucks and construction trucks.

ETI, listed on the Paris Stock Exchange since November 2021, is launching the construction of a factory in the United States. It already has a “gigafactory”, or giga-factory, in Poitiers – whose annual production represents more than 1 gigawatt hour (GWh) of power – and several other sites in Asia. “Under Donald Trump, the United States did nothing for the electrification of mobility, but with the arrival of Joe Biden, they embarked on the energy transition at a breakneck pace, with budgets of a another scale…

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