Forsee Power: Business Overview, Financials & Competitive Analysis
Forsee Power designs and manufactures smart lithium-ion battery systems for heavy and light electric vehicles and for industrial vehicles and devices. The company serves Europe, Asia, and North America with more than ...
Cyborg Score thesis
Profitability inflection achieved but market headwinds and valuation pressure require successful execution of the RePower27...
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Get Current Report FreeForsee Power Overview
Pro stress-test →Forsee Power designs and manufactures smart lithium-ion battery systems for heavy and light electric vehicles and for industrial vehicles and devices. The company serves Europe, Asia, and North America with more than 5,300 heavy vehicles and 150,000 LEV equipped with Forsee Power batteries. The group offers financing solutions (battery leasing) and second-life solutions for transport batteries.
Strategic Profile
Pro stress-test →Forsee Power aims to return to growth by focusing on Europe, Asia, and North America, with a newly opened Columbus, Ohio plant enabling the group to address North American market needs while complying with Buy America requirements. The company has a commercial pipeline of €1.2 billion, supporting expectations of progressive recovery from the end of 2026.
Competitive Landscape
Pro stress-test →Forsee Power faces heightened competitive pressure from Asian players in an environment with reduced market visibility. The company differentiates through energy management systems based on cells that are among the most robust in the market, with installation, commissioning, and maintenance support.
Industry Context
Forsee Power operates in Electric Vehicle Battery Systems Manufacturing.
Key facts
Founded: 2007 · Headquarters: Ivry-sur-Seine, France · Employees: 600 · Revenue: €121M (2025) · Market cap: $46M