Total and Groupe PSA create JV to develop 48GWh lithium-ion production capacity by 2030
Car maker Groupe PSA and fossil fuel giant Total are forming a joint venture called Automotive Cells Company (ACC) to build lithium-ion batteries.
The French firms will pool their knowledge to develop lithium-ion batteries with the goal of beginning mass production from 2023 in gigafactories in Douvrin (France) and Kaiserslautern (Germany).
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