Europe's Total and Groupe PSA Form $5.5 Billion EV Battery Venture

GALWAY, IRELAND--February 10, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Four French companies have joined forces to build a 5 billion-euro ($5.5 billion) electric vehicle (EV) battery manufacturing hub that will be capable of making up to 1 million EV batteries per year--up to 15% of Europe's demand.

Within this article: Details major investment in French/German EV manufacturing, timelines, partners, capacity and related projects