Keolis, Iveco France et Forsee Power s’associent pour optimiser les performances des batteries des bus électriques

On 21 September 2022, Keolis, Iveco Bus and Forsee Power signed a partnership agreement to improve knowledge of how electric bus batteries function by pooling their own specific expertise. The goal is to gain tighter control over the ageing of batteries and to optimise the use of these assets, which constitute a central technical and economic challenge in electric bus

The first trials will take place in the public transport network in Aix-en-Provence, in south-eastern France (Aixenbus), which has a fleet of 41 electric buses.

This partnership reaffirms the commitment of the three stakeholders to the energy transition

On the occasion of InnoTrans, Forsee Power presents the study carried out by the consulting firm E-CUBE: Low-carbon European rail: solutions, opportunities, and challenges

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Paris, September 21, 2022 – 7:30 a.m. CEST – Forsee Power (FR0014005SB3 – FORSE), the expert in smart battery systems for sustainable electromobility, and E-CUBE, the strategy consulting firm dedicated to energy, mobility and climate issues present a study on the decarbonization of rail transport in Europe at the occasion of the InnoTrans international trade show dedicated to rail, which is being held in Berlin from September 20 to 23.

Forsee Power announces its half-year results for 2022: continued sales momentum, establishment of North American headquarters and solid financial structure

Forsee Power

Paris, September 14th, 2022 – 5:45 – Forsee Power (FR0014005SB3 – FORSE – the
« Company »), the expert in smart battery systems for sustainable electromobility, announces
today its 2022 half-year results, approved by the Board of Directors on September 14, 2022.

Christophe Gurtner, Chairman and Chief Executive Officer of Forsee Power comments:
« Forsee Power’s sales momentum increased throughout the first half of 2022 despite a tense supply chain environment. The second quarter of 2022 was marked by a recovery in sales in the heavy vehicle segment, while the growth of the activity in the light vehicle market remained strong. In parallel with this good commercial performance, we also improved our adjusted EBITDA by 21% and intend to continue improving our financial performance. Semester after semester, electromobility is establishing as the new standard for the transportation of people and goods. To meet this booming demand, we are continuing to deploy our strategic plan, which was marked during the first half of the year by our expansion into the US market and the extension of our range of innovative products and services. Finally, the Company has solid financial resources to pursue its growth as of the second half of 2022 and thus consolidates its position as the leader in intelligent battery systems ».

Forsee Power obtains the gold medal from the CSR rating organization EcoVadis

Paris, September 1, 2022 – 6:00 p.m. CEST – Forsee Power (FR0014005SB3 – FORSE), the expert in smart battery systems for sustainable electromobility, obtained the gold medal from EcoVadis, a Corporate Social Responsibility (CSR) rating organization, for its sustainable development performance, reaching a score of 70/100.

This award, granted to only 5% of all 90,000 companies assessed by EcoVadis, recognizes the Company’s progress in terms of environment, sustainable procurement, ethics and human rights.

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.

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.

Forsee Power publishes its 3rd sustainability report

Paris, June 17, 2022 – 7:30 a.m. CEST – Forsee Power (FR0014005SB3 – FORSE), the expert in smart battery systems for sustainable electromobility, publishes its 3rd sustainability report on its 2021 performance.

The Company has now achieved 3 out of the 10 objectives as part of its Impact 2025 sustainability roadmap.

Ballard Motive Solutions chooses Forsee Power high-power battery systems to equip 20 fuel cell Refuse Collection Vehicles

Paris, June 09, 2022 – 6:00 pm – CEST –  Forsee Power (FR0014005SB3 – FORSE), an expert in smart battery systems for sustainable electromobility, announces that Ballard Motive Solutions, a subsidiary of Ballard Power Systems, has placed an order to equip 20 zero-emission Refuse Collection Vehicles (RCV) with Forsee Power battery systems.

This comes as a result of the strategic partnership that was announced last November, ahead of Forsee Power’s IPO, which Ballard Power Systems invested in.