PSA to set up battery production plant in Northern France
French car manufacturer group PSA has signed a negotiation agreement with the Hauts-de-France Region to set up a new battery gigafactory in Douvrin. The project, in partnership with Total subsidiary Saft, should create 2.500 jobs and reach a yearly production capacity of 24 GWh.
Although PSA currently refuses to comment and only states that the official decision should be announced at the beginning of 2020, the group has already signed a negotiation agreement with the Region. Hauts-de-France elected have voted to support the project during the plenary session on December 13.
European battery production pole
“Douvrin is PSA’s first choice for this massive industrial project,” notes Xavier Bertrand, president of the Region. If the French car manufacturing group and its partner Saft confirm the project, the Gigafactory should open its doors in 2023. It will be in charge of assembling batteries from scratch, and its yearly production capacity should be 24 GWh.
According to a European Commission report, Europe needs to build twenty to thirty giant battery production plants to play a significant role in the sector. As of today, Europe only produces 3% of the world’s battery, whereas Asia produces 85%.