Pilot Plant Launches to Produce European Batteries for Electric Vehicles

Total and PSA, through their respective affiliates Saft and Opel, have announced plans to establish a joint venture named Automotive Cell Company (ACC) to develop electric vehicle (EV) battery manufacturing in Europe. The project will leverage Saft's R&D capabilities to produce EV batteries with high energy performance and a lower carbon footprint. The first phase of the project will focus on R&D and building a pilot plant in France, with a large-scale production plant planned for France and Germany. The project is expected to receive €1.3 billion in public funding and aims to reach a combined capacity of 48 GWh by 2030.

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