Turnover: 100 million EUR (2022)
Country: France
Forsee Power is a French company specializing in the production of innovative batteries. It has filed 80 patents and has 2 R&D centers. The company manufactures batteries for electric city buses in particular.
News
Paris 2024 Olympics: Toyota relies on Forsee Power to power its electric shuttles 08/12/2023
- Manufacturer specializing in intelligent battery systems for buses, trucks, trains, public works vehicles, scooters, City of Paris sweepers
- Plant near Poitiers, launched in 2018
- Five production sites worldwide.
- The company to supply high-density batteries for a Toyota shuttle for the Paris Olympics
- Toyota plans to line up around 2,650 electrified vehicles, plus 700 models.
- Some modules will be assembled in Portugal at Caetano, a producer of hydrogen buses in which the Japanese giant has a 27% stake.
Hyliko and Forsee Power join forces in hydrogen-powered trucks 14/12/2022
- Forsee Power (650 employees) achieved sales of 75 million in 2021, will exceed 100 million in 2022
- Manufacturer of batteries for heavy-duty vehicles
- More than 1,600 electric buses and around a hundred hydrogen-powered vehicles equipped with its batteries
- Company founded in 2011 and floated on the stock exchange
- Signed its largest hydrogen contract with Hyliko, to equip its fleet of retrofitted H2 trucks
- Forsee Power already has two plants in China and India
Forsee Power batteries for buses in the USA 27/06/2022
- Forsee Power plans to set up a factory in Ohio, an investment of 13 million euros
- The gigafactory will produce the equivalent of 3 gigawatt-hours of batteries, enough to electrify 5,000 to 6,000 buses
- The bus battery manufacturer plans to hire 150 people
- In 2021, the Biden administration and Democratic congressmen have launched a $25 billion program to convert the entire polluting fleet to electric in ten years
- The American school bus market is expected to grow by 4.74% a year, reaching 5.5 billion euros in 2027
- The country's largest fleet
- By 2021, the company will have 600 employees and sales of 72 million euros
Forsee Power quadruples its capacity at Chasseneuil-du-Poitou 25/06/2022
- Mobility battery specialist to quadruple production capacity in five years
- iPO in November 2021 and 50 million euro loan from the European Investment Bank
- major contract with British bus manufacturer Wrightbus to equip 420 buses with Zen Slim modular batteries
- Target: 10,000 batteries a year, compared with the current 2,500
Financial Data
DUNS: 494605488
Legal Name: FORSEE POWER
Address: 1 BD HIPPOLYTE MARQUES , 94200 IVRY-SUR-SEINE
Number of employees: Entre 250 et 499 salariés (2020)
Capital: 5 357 200 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 66 877 794 | 61 083 946 | 53 510 953 | 24 830 560 | 17 052 772 | 13 505 998 | 12 036 250 |
| Gross margin (€) | 29 223 035 | 25 168 503 | 13 191 106 | 10 079 730 | 6 978 509 | 5 060 293 | 3 431 731 |
| EBITDA (€) | -20 134 655 | -12 422 096 | -17 996 999 | -17 293 652 | -10 952 519 | -8 151 865 | -7 076 903 |
| Operating profit (€) | -32 840 210 | -23 361 748 | -23 843 297 | -19 991 295 | -12 644 093 | -9 886 144 | -8 316 373 |
| Net profit (€) | -25 627 034 | -24 640 988 | -25 396 685 | -22 464 648 | -17 004 675 | -10 502 925 | -7 643 501 |
| Turnover growth rate (%) | 9,5 | 14,2 | 115,5 | 45,6 | 26,3 | 12,2 | - |
| Ebitda margin rate (%) | -30,1 | -20,3 | -33,6 | -69,6 | -64,2 | -60,4 | -58,8 |
| Operating margin rate (%) | -49,1 | -38,2 | -44,6 | -80,5 | -74,1 | -73,2 | -69,1 |
| Working Capital (turnover days) | 199,3 | 206,2 | 91 | 158,3 | 114,6 | 162,9 | 143,8 |
| Working Capital requirements (turnover days) | 193,5 | 218,8 | 84,6 | 128,8 | 110,1 | 171,4 | 147,8 |
| Net margin (%) | -38,3 | -40,3 | -47,5 | -90,5 | -99,7 | -77,8 | -63,5 |
| Added value / Turnover (%) | 3,7 | 10 | -5,2 | -26,6 | -15,3 | -11 | -15,9 |
| Wages and social charges (€) | 21 620 193 | 17 045 661 | 15 413 788 | 11 179 777 | 8 162 378 | 6 606 762 | 5 355 657 |
| Salaries / Turnover (%) | 32,3 | 27,9 | 28,8 | 45 | 47,9 | 48,9 | 44,5 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil d'administration, Directeur général, Administrateur | Christophe Martin | GURTNER | 60 | |
| Administrateur | Pierre, Eugène, Joseph | Lahutte | 52 | |
| Administrateur | Kosuke | Nakajima | 49 | |
| Administrateur | Isabelle, Sylvie, Martine | DROGY | 54 | |
| Administrateur | Florence, Cécile | DIDIER | 58 | |
| Administrateur | Véronique, Marie-Xavier | BONITEAU | 56 | |
| Administrateur | Sonia, Aline | TROCME | 57 | |
| Administrateur | Jörg | ERNST | 57 | |
| Administrateur | Corinne, Armande, Roberte | TRESY | 58 | |
| Administrateur | Sylvie, Annick | BERNARD | 60 | |
| Commissaire aux comptes titulaire | Jean | Lebit | 64 |
Studies mentioning this company
The electric cars market - France
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