Forsee Power to establish North American headquarters and battery systems gigafactory in Columbus, Ohio

Paris, June 27, 2022 Forsee Power (FR0014005SB3 – FORSE), an expert in smart battery systems for sustainable electromobility, today announces at the SelectUSA Investment Summit in Washington D.C. that the Group establishes its North American headquarters and gigafactory in Hilliard, Ohio.

This is a major step in the development of the Group that now has a unique international footprint in the battery system industry.

 

Building a ‘Buy America’ compliant presence in a very strategic market

The Group will continue serving existing customers and will develop a local customer base in North America. Forsee Power will establish an industrial base in the United States to target the growing commercial vehicle market, primarily buses, trucks, off-highway vehicles, light urban and utility vehicles and trains. This will not only optimize costs and the supply chain – which is beginning to take hold on the continent – but it is also a requirement for certain key markets such as the city bus market, which requires a local presence to comply with the FAST Act (70% of value must be produced locally in public procurement).

The Group will leverage its experience of more than 1,200 buses and 100,000 light vehicles equipped with Forsee Power batteries.

 

A scalable 3-GWh manufacturing site with 150 employees by 2027

Forsee Power has selected Hilliard, Ohio, located in the Columbus Region, to establish its North American headquarters and Gigafactory.

To quickly start operations, the Group will duplicate the production of existing products and product ranges, cover the needs of current and local customers with its line of battery systems, as well as systems designed specifically for the US market and foster the emergence of a local skills base.

The Group’s aim is to achieve production capacity of 3 GWh in the United States by 2027, which it estimates would involve investments of more than EUR 13 million over the period, adapting its product offer to the local market, building production lines, and recruiting a local team of 150 employees.

The site, located at 4555 Lyman Drive in Hilliard, Ohio in the Columbus Region is 138,000 square feet (13,000 square meters) and will host corporate office, manufacturing operations and R&D capabilities. It is a scalable site, strategically located to attract operators and as well engineers in a fast-growing neighborhood.

 

Jay Deis is appointed President of Forsee Power North America

Jay Deis, an American citizen, is appointed President, Forsee Power North America. He will establish the North American organization, manufacturing operations and product expertise required to serve the North American market. Jay has extensive international experience in the automotive and commercial vehicle industries having spent 20 years with the French Tier 1 supplier Faurecia while living in the US, France, and Mexico.

“We found Columbus to have the right ecosystem of potential supply chain partners, academic partners, and the right fit for workforce as we are looking at hiring production operators, R&D engineers and a full leadership team to run our North American activity.” explains Christophe Gurtner, Chairman & CEO of Forsee Power. “The US administration has designed a very ambitious roadmap toward decarbonation. There are tremendous opportunities to grow on our target market segments: our field-proven experience, our ability to scale up industrial capabilities and to innovate zero-emission solutions for electric vehicle manufacturers will be key assets to rapidly position as a leader in North America.”

“Forsee Power’s decision to establish its North American headquarters and new battery production facility in Ohio is a testament to the advantage of building out the rapidly growing EV industry in this state,” said Ohio Governor Mike DeWine. “We welcome Forsee Power’s confidence in Ohio’s talent and innovation, and we look forward to partnering with them as they produce and advance this critical technology here.”

Forsee Power’s decision to choose Ohio for its first U.S. battery systems manufacturing facility aligns with Ohio’s exceptional position to be a global leader in smart mobility, EV production and supply chain development,” said J.P. Nauseef, JobsOhio president and CEO. “This investment from overseas attracts a global innovator in the sustainable electromobility solutions that will bring 150 good-paying jobs while strengthening this critical supply chain in Ohio.