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Total and Groupe PSA launch joint venture to develop 48GWh European lithium-ion battery production supply chain

Wed, 02/05/2020 - 15:59 -- Paul Crompton

French fossil fuel firm Total plans to build pilot battery manufacturing facilities in Europe combining the knowledge of its lithium-ion battery making arm Saft and vehicle OEM Groupe PSA.

The partners intend to establish a joint venture named Automotive Cell Company (ACC) with the goal of producing electric vehicle batteries starting in 2023.

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