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.
Peugeot Motocycles chooses Forsee Power portable batteries for new e-Streetzone scooter
Paris, December 04, 2023 – 7h30 CET – Forsee Power (FR0014005SB3 – FORSE), an expert in smart battery systems for sustainable electromobility, announces that it was chosen by Peugeot Motocycles to power their new e-Streetzone urban scooter.
The vehicle integrates up to two portable FORSEE GO 1.6 batteries to reach 110km autonomy.
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.”
Energy Transition financing specialist NEoT Capital welcomes Mitsui & Co., Ltd. as a new shareholder, together with historical partners EDF and Forsee Power to support its development
Mitsui & Co., Ltd. (Mitsui) is joining forces with historical shareholders EDF, via its corporate venture capital EDF Pulse Ventures , and Forsee Power to create a strong and long-term team of top tier shareholders of NEoT Capital (NEoT), a first mover company fully dedicated to providing turnkey services to accelerate energy transition. The 3 partners, bringing together a shareholder base with complementary expertise and capacities, will each hold equal shares of the company’s capital.
Forsee Power announces the appointment of Joel Theut as Chief Technical and Operations Officer
Paris, October 25, 2023 – 5:45 p.m. CEST – Forsee Power (FR0014005SB3 – FORSE), the expert in intelligent battery systems for light and heavy electric vehicles, is pleased to announce the appointment of Joel Theut – an American citizen – to support its continued growth and strengthen its position in the global market for sustainable electromobility.
Forsee Power equips Kawasaki’s electric motorcycle of the legendary Ninja and Z and establishes new site in Japan
Paris, September 28, 2023 – 7:30 am CEST – Forsee Power (FR0014005SB3 – FORSE), the expert in smart battery systems for electric light and heavy vehicles, announces that Kawasaki has chosen their batteries to equip the electric version of the legendary Ninja and Z motorcycle. In the meantime, the Group announces it establishes a new office and laboratory in Yokohama, Japan to support their growing activity in the country and appoints Kenjiro Azuma as Managing Director of Forsee Power Japan.
In presence of Philippe Setton, Ambassador of France in Japan and Tetsuya Daikoku, Senior Executive Managing Officer of Mitsui & Co., Ltd., Forsee Power today held a press conference to announce its plan for Japan.
Forsee Power launches ZEN LFP, a very cost-competitive high-energy battery system for heavy vehicles
Paris, September 15, 2023 – 7:30 a.m. CEST – Forsee Power (FR0014005SB3 – FORSE – the “Company”), the French expert in smart battery systems for sustainable electromobility, is launching a new high-energy battery system, ZEN LFP, to provide full-day operations to electric buses, trucks, and off-highway vehicles.
The ZEN LFP battery system – available in 36 kWh and 55 kWh modules– has been developed by Forsee Power’s R&D engineers and will be manufactured in Europe, North America, and Asia-Pacific.
Forsee Power reports 2023 half-year results in line with financial targets
Paris, September 14, 2023 – 5:45 p.m. CEST – Forsee Power (FR0014005SB3 – FORSE – the “Company”), an expert in smart battery systems for sustainable electromobility, today announced its half-year results 2023, as approved by the Board of Directors on September 14, 2023.
Christophe Gurtner, Founder & CEO of Forsee Power states: “During this first half of 2023, we have reported strong sales momentum coupled with good cost control and an improvement in our adjusted EBITDA margin in line with the trajectory announced at the time of our capital increase last spring. Our business has continued to grow since the start of the H2, with already 730 electric buses fitted with Forsee Power batteries at the end of August, out of the target of 1,000 for 2023. These good commercial performances, combined with the successful execution of our strategic plan and our solid financial structure, show that we are fully in line with our financial targets, both in the short and long term, with our first objective being to achieve sales of more than €160 million in 2023 and a significant improvement in our adjusted EBITDA.”
Forsee Power reports high first-half sales of €78.8 million
Paris, July 27, 2023 – 7:30 a.m. CEST – Forsee Power (FR0014005SB3 – FORSEE), the expert in smart battery systems for electric light and heavy vehicles, announces today its sales for the first half of 2023, ended June 30, 2023.
Forsee Power to equip Skoda trains
Paris, July 5, 2023 – 6:00 pm CEST – Forsee Power (FR0014005SB3 – FORSE), the expert in smart battery systems for electric light and heavy vehicles, announces they have signed a contract with Skoda to equip electric trains with high-power battery systems.
This contract for 4 trains reinforces Forsee Power’s presence in the rail sector and confirms the Group’s strategy to strengthen its rail division after the acquisition of Centum Adetel Transportation (Holiwatt) in 2021.