Total: expands battery production with PSA
(CercleFinance.com) - Total, via its subsidiary Saft, and PSA with Opel, will develop the production of batteries for electric vehicles in Europe.
The companies will create a joint venture called ACC (Automotive Cell Company) for this.
The first step in this project is the construction of a pilot plant on the Saft plant's premises in Nersac. This plant, which is set to be commissioned in mid-2021, will mean an investment of 200 million euros.
Around 200 highly-skilled jobs will be created in the Nouvelle-Aquitaine region.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The companies will create a joint venture called ACC (Automotive Cell Company) for this.
The first step in this project is the construction of a pilot plant on the Saft plant's premises in Nersac. This plant, which is set to be commissioned in mid-2021, will mean an investment of 200 million euros.
Around 200 highly-skilled jobs will be created in the Nouvelle-Aquitaine region.
Copyright (c) 2020 CercleFinance.com. All rights reserved.