Jumping on the electric bandwagon

A battery manufacturer is set to debut strongly on the French stock exchange, despite huge losses, reflecting excitement about the electric-car industry.

A flotation of French battery maker Blue Solutions may value the loss-making company at up to €418 million ($US564 million), its owner said on Thursday, signalling growing investor appetite for electric-car technology.

Bollore group, which is controlled by French industrialist Vincent Bollore, said it had set an indicative offer price of between €12 and €14.50 per share for the company that makes batteries to power cars.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles