Several French battery companies are planning to enter the power battery market

In addition to Verkor, there are many battery companies in France that are planning to enter the power battery market. These include ACC, a joint venture between Stellantis, Total Energy and Mercedes-Benz, as well as Chinese battery companies Envision Power, ProLogium Technology and materials company Xiamen Tungsten New Energy. These companies are actively expanding their production capacity to meet the growing market demand.