Saft expanding battery production at Chinese joint venture, AABC conference told
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Saft-Tianneng joint venture was announced in 2019. Photo: Saft
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French battery manufacturer Saft is on course to expand production at its Chinese joint venture operation within the next four years, the company’s research chief told the virtual Advanced Automotive Battery Conference (AABC) Europe today.
Research director Patrick Bernard said Tianneng Saft Energy (TSE) – the company formed with majority partner Tianneng Energy Technology (TET) in 2019 – is on course to expand battery production capacity at Changxing, in China’s northwest Zhejiang province, to 5.5 GWh by 2025.
Total-owned Saft has a 40% stake in TSE with Tianneng owning the remaining shares. TSE was launched to develop, manufacture and sell lithium-ion cells, modules and packs for electric vehicles, e-bikes and energy storage systems for the Chinese and international markets.
TET is a wholly-owned subsidiary of the privately-owned Tianneng Group, which has eight production sites across China.
Low-carbon investments
Gigawatt-scale manufacturing is already under way at TSE’s facility.
Meanwhile, Bernard told AABC Total continues to make a "strategic shift” towards low-carbon energy generation and energy storage.
Research director Patrick Bernard said Tianneng Saft Energy (TSE) – the company formed with majority partner Tianneng Energy Technology (TET) in 2019 – is on course to expand battery production capacity at Changxing, in China’s northwest Zhejiang province, to 5.5 GWh by 2025.
Total-owned Saft has a 40% stake in TSE with Tianneng owning the remaining shares. TSE was launched to develop, manufacture and sell lithium-ion cells, modules and packs for electric vehicles, e-bikes and energy storage systems for the Chinese and international markets.
TET is a wholly-owned subsidiary of the privately-owned Tianneng Group, which has eight production sites across China.
Low-carbon investments
Gigawatt-scale manufacturing is already under way at TSE’s facility.
Meanwhile, Bernard told AABC Total continues to make a "strategic shift” towards low-carbon energy generation and energy storage.
The Total group has invested $8bn (£5.9bn) in renewables from 2016 to 2020 and is set to invest a further $1.5bn-$2bn annually up to 2025, Bernard said.
Last September, Saft and Opel car brand owner, PSA Group, appointed the team to lead their €5bn (£4.4bn) joint venture to manufacture "high-performance lithium-ion batteries” for the automotive industry.
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Total-Saft and Opel's PSA Group appoint battery cells joint venture leadership team
Last September, Saft and Opel car brand owner, PSA Group, appointed the team to lead their €5bn (£4.4bn) joint venture to manufacture "high-performance lithium-ion batteries” for the automotive industry.
Related articles in our archive:
Saft launches new batteries brand for India as production ramps up in Bangalore
Total-Saft and Opel's PSA Group appoint battery cells joint venture leadership team