Forsee Power, supplier of battery systems for electric mobility, has announced sales of 47.9 million euros for the third quarter of 2023, up 83% on the same period in 2022.

This performance is the result of strong sales momentum in the heavy-duty vehicle segment (+109%), which is confirmed quarter after quarter, accounting for 87% of the total, while activity in the light-duty vehicle segment remains stable.

Thanks to a solid order book fueled by partnership signings, Forsee Power confirms its short- and medium-term targets, including sales in excess of 160 million euros and a marked improvement in adjusted EBITDA in 2023.

Copyright (c) 2023 CercleFinance.com. All rights reserved.