Company Name: Forsee Power Inc.
Location: Hilliard
Site Region: Central
Country of Origin:
- Country: France
- Region: Europe
Industry Sector: Automotive
Company Profile: Forsee Power develops smart battery systems for sustainable electromobility and proposes the most comprehensive offer for the electromobility markets.
Company Website: https://www.forseepower.com
Project Summary:
Type of Project: New Location
Jobs:
- Jobs committed: 150
- Jobs retained: 0
Capital Investment: $17.8 million
Timetable: Forsee Power aims to achieve a production capacity of 3 GWh by 2027, which it estimates would involve first-phase investments of more than $17.8 million and recruiting a local team of 150 employees.
Company Need:
Forsee Power is an expert in smart battery systems for sustainable electromobility. The company equips heavy vehicles, such as school buses, trains, vessels, and off-highway vehicles – as well as light vehicles. Forsee Power is establishing its North America HQ, production facility, and R&D operations in Ohio to address the North American market.
The Group is the leader in Europe on the ebus market, having equipped more than 1,200 buses, and is a key player in the light vehicle market segment with over 100,000 vehicles equipped.
Testimonial:
Why Ohio?
Ohio’s vast history in the automotive industry and automotive supply chain, as well as its overall proximity to resources, manufacturers, and end markets, are two key factors making the state an ideal location for lithium battery manufacturers. The state’s commitment to innovation makes it a natural fit for the emerging electric vehicle supply chain and electric vehicle manufacturing opportunities. Ohio’s commitment to clean manufacturing with renewable energy and solar energy also makes it a prime choice for lithium-ion battery manufacturing.
Collaborators:
JobsOhio, Ohio Department of Development, One Columbus, City of Marysville