Chinese battery manufacturer to build factory in FranceSeptember 14, 2020
Chinese company Envision plans to build a battery factory in France to support the growing electric vehicle market, the French newspaper reported.
The company, which has battery factories in Japan, the United States, the United Kingdom and China, has identified about a dozen potential locations in France for a future plant, the Journal du Dimanche said, citing unnamed sources. The newspaper quoted Sylvie Uziel, Envision’s international director, as saying that the group plans to invest hundreds of millions of euros in a new plant, which is expected to open in late 2023 and will eventually create about a thousand jobs.
Uziel said Britain’s withdrawal from the European Union made a difference, requiring the construction of an additional plant to supply countries including France and Spain.
The Chinese group entered the electric vehicle battery market by acquiring AESC from Nissan Motor in 2019. Envision-AESC manufactures electric vehicle batteries in Tennessee; Sunderland, England; Wuxi, China and Kanagawa, Japan.
Note that the Swedish company Northvolt plans to build two plants, including one for the supply of elements to the Volkwagen Group concern.
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