MCV orders Forsee Power’s ZEN PLUS battery systems to equip 19 buses for the German market

Paris, February 28, 2024 – 5:45 pm CET – Forsee Power (FR0014005SB3 – FORSE), an expert in smart battery systems for sustainable electromobility, announces that Manufacturing Commercial Vehicles (MCV), the leading Egyptian vehicle manufacturer specialized in commercial vehicles, has placed an order to equip 19 electric buses in with FORSEE ZEN PLUS battery systems. It’s the first German order for MCV. The buses will operate on city lines in Wuppertal (North Rhine-Westphalia) and two other Central Germany cities.

Forsee Power to provide battery system for BAE Systems’ Class 7 demonstration truck powertrain in North America

Paris, February 1st, 2024 – 7:45 am – Forsee Power (FR0014005SB3 – FORSE), an expert in smart battery systems for sustainable electromobility, announces that BAE Systems, a leading solution provider for heavy-duty electric powertrains, will equip a Class 7 demonstration truck Gen3 powertrain with the FORSEE ZEN PLUS battery system in North America.
Forsee Power Group has established its North American headquarters and production facility in Columbus, Ohio. The new factory will produce battery systems which are Buy America compliant.

Toyota, worldwide mobility partner of the major sport event in the summer ’24, chooses French Forsee Power batteries to equip its innovative APM

Paris, December 7, 2023 – 7:30 a.m. CET – Forsee Power (FR0014005SB3 – FORSE), expert in smart battery systems for sustainable electromobility, announces that Toyota has chosen to equip its innovative last-one-mile vehicles with Forsee Power battery systems to enable zero-emission transport during the major worldwide sport event in Paris in the summer 2024.
Toyota’s Accessible People Mover (APM) will transfer athletes as well as goods in an easy and zero-emission manner. The vehicles will incorporate ZEN 8 SLIM, a versatile and ultra-thin battery developed by Forsee Power engineers for the off-highway market.

Demystifying AIS 156 certification: a comprehensive guide to batteries for light electric vehicles in India

India is one of the fastest-growing electric mobility markets in the world. Increasing urban congestion, air pollution, and environmental concerns have prompted the Indian government to encourage the adoption of electric vehicles with the FAME 2 program supporting the purchase of electric vehicles including three, four wheelers and buses.

The benefits of these vehicles include a reduction in greenhouse gas emissions, reduced dependence on fossil fuels, and lower operating costs. However, to ensure that light electric vehicles meet safety and performance standards, AIS 156 certification has become a crucial element.

The Indian government actively supports AIS 156 certification as a key component of its electric mobility strategy.

Forsee Power reports sales of €126.6 million as of September 30, 2023, up 67%

Paris, November 9, 2023 – 7:30 am CET – Forsee Power (FR0014005SB3 – FORSEE – the “Company”), expert in smart battery systems for sustainable electromobility, announces its sales for the third quarter of 2023.

Christophe Gurtner, Founder & CEO of Forsee Power states: “Quarter after quarter, we are reporting sustained sales momentum, illustrating our ability to turn our order backlog into sales. Over the past quarter, our growth has been driven by our Heavy Vehicles business, where demand keeps on growing, benefiting from a regulatory framework promoting the adoption of zero-emission public transport worldwide. Over the past few months, we have also signed new partnerships with leading players across all geographies. In the last quarter of 2023, we will continue to roll out our strategic plan, with priority given to the development of our U.S. industrial site, which will be operational in 2024. We will also keep filling our order book with new contracts in our priority markets. Last but not least, our R&D and Marketing teams will continue to expand our product and service offering to enhance our technological leadership. On the strength of this momentum, we confirm all our short- and medium- term financial targets.”