Forsee Power lists on Euronext Paris

Christophe Gurtner, Founder, Chairman & Chief Executive Officer of Forsee Power, opens the trading day in Paris. Forsee

Power is specialized in the design, manufacture and marketing of smart battery systems for use in the electric mobility market. Net sales break down by activity as follows:

• sale, installation and activation of lithium-ion battery systems (93.8%): systems for use in light electric vehicles (electric bicycles, scooters and light 1- to 4-wheel vehicles), heavy vehicles (farming, construction and industrial vehicles, trucks, buses, rail vehicles, and ships), stationary energy storage units (for residential, commercial and industrial purposes), medical equipment, connected objects, home systems, robotics equipment and work tools;
• provision of services (5.5%): financing services (battery rentals), battery life cycle management services and after-sales services;
• other (0.7%). At the end of 2020, the group had 4 production sites located in France, Poland, India and China. TNet sales are distributed geographically as follows: France (71.9%), Europe (17.6%), Asia (6.2%), the United States (3.2%) and other (1.1%).