This is a major step in the development of the Group, which now has a unique international footprint in the battery systems industry.
Building a Buy America Compliant Presence in a Highly Strategic Market
The Group will continue to serve its existing customers and will develop a local customer base in North America. Forsee Power will establish an industrial base in the United States to target the growing commercial vehicle market, primarily buses and trucks, utility vehicles, off-road vehicles and trains. This will not only optimize costs and the supply chain – which is starting to take hold on the continent – but it is also a requirement for certain key markets such as the urban bus market, which requires a local presence to comply with the FAST law (70% of the value must be produced locally in public procurement).
The Group will capitalize on its experience of more than 1,200 buses and 100,000 light vehicles equipped with Forsee Power batteries.
“We have found in Columbus a very good ecosystem of potential partners for our supply chain, university partners and an employment pool suited to our plan to recruit production operators, R&D engineers and a team full leadership to manage our business in North America. » Explain Christophe Gurtner, Chairman and CEO of Forsee Power. “The US administration has set itself a very ambitious roadmap towards decarbonization. There are tremendous growth opportunities in our target market segments: our proven experience in the field, our ability to scale our industrial capabilities and innovate in zero-emission solutions for electric vehicle manufacturers will be key assets to position ourselves quickly as a leader in North America. »
“Forsee Power’s decision to locate its North American headquarters and new battery production facility in Ohio demonstrates the benefit of growing the rapidly growing electric vehicle industry in that state.”said the Ohio Governor Mike DeWine. “We salute Forsee Power’s confidence in the talent and innovation of Ohio, and we look forward to partnering with them as they produce and advance this critical technology here.” »
“Forsee Power’s decision to choose Ohio for its first battery system manufacturing plant in the United States aligns with Ohio’s unique position to become a world leader in smart mobility, vehicle production Electricity and Supply Chain Development »said JP Nauseef, president of Jobs Ohio. “This overseas investment attracts a global innovator in sustainable electromobility solutions that will bring 150 high-quality jobs while strengthening this essential supply chain in Ohio. »
Forsee Power press release.