PSA / Opel and Total / Saft have signed an agreement for the creation of the ACC (Automotive Cells Company) joint venture.
With this association, the partners are setting up a benchmark global player in the development and manufacture of batteries for the automotive industry at the highest level of performance from 2023.
Total / Saft will provide its expertise in R&D and industrialization, and Groupe PSA its knowledge of the automotive market and its experience in mass production. The R&D center in Bordeaux and the pilot site at Nersac in France are already in the start-up phase to allow the development of new high-performance lithium-ion cell technologies. At the end of this R&D phase, serial production is planned to be launched in two “GigaFactories”, in Douvrin in France and then in Kaiserslautern in Germany.
This project aims to:
- Respond to the challenges of the energy transition by reducing the environmental footprint of vehicles throughout the value chain in a desire to offer clean and affordable mobility to citizens.
- Produce batteries for electric vehicles that will be at the best technological level in terms of energy performance, range, charging time and carbon footprint.
- Develop an essential production capacity to support the growth in demand for electric vehicles on a European market estimated at 400 GWh of batteries by 2030, i.e. 15 times the current market.
- Ensure the industrial independence of Europe both for the design and manufacture of batteries with a capacity of 8 GWh initially to reach a cumulative capacity of 48 GWh by 2030 at all of the two sites. This will correspond to the production of 1 million electric vehicles per year, or more than 10% of the European market.
- Position itself as a major competitive player to supply manufacturers of electric vehicles.
This project benefits from the financial support of the French and German authorities for an amount of € 1.3 billion. It has received the agreement of the European institutions through an IPCEI project which testifies to its strategic dimension for the energy transition of mobility. The whole project represents more than 5 billion euros of investments.