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France backs Saft in advanced battery R&D

Fri, 06/29/2018 - 02:58 -- Xuan Zhong
France backs Saft in advanced battery R&D

France’s government is throwing its weight behind a French-led consortium spearheading development of “third and fourth generation” lithium-ion battery technology.

The country’s powerful National Industrial Council (CNI)— headed by Prime Minister Edouard Philippe— said it is backing batteries research by Saft and others to the tune of “at least” EUR10 million ($11.5m).

 

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