Saft (company)

File:ER½AA-cell-match.jpg) lithium-thionyl chloride cell with a matchstick for scale.]]

The Société des Accumulateurs Fixes et de Traction (Saft) was founded in 1918, mainly by Victor Hérold, which since 1913 had been manufacturing batteries for the luggage carts that were used in railway stations and for the lighting of the locomotives from the Paris-Lyon-Marseille Company (PLM).{{cite web |url=http://fr.topic-topos.com/usine-saft-romainville |title=Usine Saft Romainville |publisher=Fr.topic-topos |language=French |trans-title=Romainville's Saft factory |access-date=14 August 2012 |archive-url=https://web.archive.org/web/20100413004526/http://fr.topic-topos.com/usine-saft-romainville |archive-date=2010-04-13 |url-status=dead |df= }} In 1924, the company was partially listed on the Paris Bourse.{{cite web |url=http://www.saftbatteries.com/TheSaftGroup/KeydatesoftheSaftgroup/tabid/403/Language/en-US/Default.aspx |title=History |publisher=Saft |access-date=14 August 2012 |archive-url=https://web.archive.org/web/20090826013614/http://www.saftbatteries.com/TheSaftGroup/KeydatesoftheSaftgroup/tabid/403/Language/en-US/Default.aspx |archive-date=2009-08-26 |url-status=dead |df= }}

In 1928, the Compagnie Générale Electrique (Alcatel) purchased it. In 1949, it introduced a new type of alkaline battery. The company widened its range of activities and markets, including power plants, telephone systems and industries in general. It introduced a revolutionary manufacturing system for sintered plates, which had a great impact in the aeronautic field. In 1953, the US Naval Air Command requested 2000 batteries of 24 V. The contract with the US military was of US${{formatnum:{{Inflation|US|1000000|1953}}}} in {{Inflation-year|US}} dollars.{{inflation-fn|US}}{{Citation |title=Here's the Long-Life Battery |magazine=Popular Mechanics |volume=101 |issue=3 |page=252 |date=March 1954 |issn=0032-4558}} In 1980, together with PSA, Saft conducted a study to evaluate the potential of using batteries to power electric cars. During the next years, investment was focused on building a sophisticated robotic assembly line.{{Base Mérimée|IA00135730|Usine de matériel électrique industriel dite S.A.F.T. (Société des Accumulateurs Fixes et de Traction)}}

File:SAFT locations 2012.PNG

In the 1940s, Saft opened a subsidiary in the United Kingdom and, in the 1970s, one in the United States. In the 1980s, the company settled in Singapore and continued its expansion. It became the leading manufacturer of nickel-cadmium batteries{{cite book |title=National Critical Technologies Report (1995) |year=2004 |publisher=DIANE Publishing |isbn=0-7881-1978-8 |page=12 |chapter=III}} both in the aviation sector and in the railway sector.

In 1995, Alcatel delisted the company from the stock market and acquired a 100 percent of its shares. Later, Saft purchased Nife and Alcad, its main rivals, as well as the Czech company Ferak. In 2001 it suffered a setback and sold facilities in South Korea and Mexico. The same year it acquired from Invensys plc the American company Hawker Eternacell, a leading provider of lithium batteries to the American and British armed forces.{{cite web |url=http://www.prnewswire.com/news-releases/saft-acquires-hawker-eternacell-from-invensys-plc-71011937.html |title=Saft Acquires Hawker Eternacell From Invensys PLC |publisher=PRNnews.com |accessdate=14 August 2012}} It also took control of the American company ASB and Sonnenschein Lithium.

In 2003, it purchased German company Friemann und Wolf Batterietechnik GmbH (Friwo), and the assets of Emisa and Centra, from Exide.

In 2004, the private equity firm Doughty Hanson Funds purchased from Alcatel, at a cost of 900 million euros, a 100 percent stake in Saft,{{cite web |url=http://www.efinancialnews.com/story/2005-05-16/doughty-hanson-plans-saft-float-with-goldman |title=Doughty Hanson plans Saft float with Goldman |author=Clark, Nick |publisher=Financialnews.com |date=16 May 2005 |accessdate=14 August 2012}} and listed it on the Euronext in June.{{cite web |url=http://www.doughtyhanson.com/private-equity/news/2007/03-04-2007.aspx |title=Doughty Hanson Sells Remaining Stake in Saft |publisher=Doughtyhanson.com |accessdate=14 August 2012}}

In July 2005, Saft agreed the purchase of a 51 percent stake in AMCO Power Systems Ltd with its owner, Amalgamations Private Ltd.

In January 2006 Saft and Johnson Controls Inc announced the launch of a joint venture named Johnson Controls-Saft Advanced Power Solutions LLC to develop, produce and sell advanced technology batteries for hybrid electric and electric vehicles.{{cite web |url=http://www.greencarcongress.com/2011/05/jcs-20110518.html |title=Johnson Controls files petition to dissolve Li-ion battery JV with Saft |publisher=Greencarcongress.com |date=18 May 2011 |accessdate=14 August 2012}} In February of that year, Saft purchased from Amalgamations Private its remaining stake in AMCO Power Systems, which was renamed AMCO-Saft India Ltd.{{cite web |url=http://www2.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-07-2008/0004844440&EDATE= |title=New investments |publisher=PRNnewswire.com |date=7 July 2008 |access-date=14 August 2012 |url-status=dead |archive-url=https://archive.today/20121211052450/http://www2.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-07-2008/0004844440&EDATE= |archive-date=11 December 2012 |df= }}

In May 2006, EADS and Saft America, through ASB, formed the new subsidiary Advanced Thermal Batteries Inc located in Cockeysville, Maryland, with the purpose of supplying the military industry.{{cite web |url=http://www.militaryaerospace.com/articles/2006/05/eads-and-saft-america-launch-thermal-battery-company-devoted-to-military-market.html |title=EADS and Saft America launch thermal battery company devoted to military market |publisher=Militaryaerospace.com |date=16 May 2006 |accessdate=14 August 2012}}

In April 2007, Doughty Hanson sold all its stake in Saft, after an accelerated bookbuilt offering of 6.8 million shares by Goldman Sachs International at a price of 23.75 euros per share. Since then, the majority of the shares were kept on free float.{{cite web |url=https://www.saft.com/about-us/who-saft/battery-company |title=Saft Official Website |accessdate=1 June 2021 |publisher=Saft }}

In January 2008 Johnson Controls-Saft opened the first production facility for lithium-ion hybrid vehicle batteries in Nersac, France.{{cite web |url=http://www.industryweek.com/environment/johnson-controls-saft-opens-production-facility-lithium-ion-hybrid-vehicle-batteries |title=Johnson Controls-Saft Opens Production Facility for Lithium-Ion Hybrid Vehicle Batteries |author=Kenney, Brad |publisher=Industryweek.com |date=31 January 2008 |accessdate=14 August 2012}} In 2009, Johnson Controls-Saft started the construction of a lithium-ion production plant in Michigan, while Saft built another for itself in Florida. Despite some signs of promise, Johnson Controls was increasingly dissatisfied with the restrictions of the agreement and also sought a more important ally.{{cite web |url=https://www.forbes.com/sites/williampentland/2011/05/19/battery-battle-brews-for-johnson-controls-saft/ |title=Battery Battle Brews for Johnson Controls, Saft |author=Pentland, William |work=Forbes |date=19 May 2011 |accessdate=15 August 2012}}{{cite web |url=http://gigaom.com/cleantech/report-johnson-controls-divorcing-saft-over-grid-battery-market/ |title=Report: Johnson Controls Divorcing Saft Over Grid Battery Market |author=Fehrenbacher, Katie |publisher=Gigaom.com |date=19 May 2011 |accessdate=15 August 2012 |archive-date=19 September 2011 |archive-url=https://web.archive.org/web/20110919050938/http://gigaom.com/cleantech/report-johnson-controls-divorcing-saft-over-grid-battery-market/ |url-status=dead }} In May 2011, the American company request the dissolution of Johnson Controls-Saft Advanced Power Solutions LLC to the Delaware Court of Chancery. The two companies agreed the separation and Johnson Controls paid Saft 145 million dollars for its shares in the joint venture as well as for the right to use certain technology developed by it. Johnson Controls retained the Michigan facility built by the partnership. The French joint facility was transferred to Saft.{{cite web |url=http://www.autoobserver.com/2011/09/johnson-controls-buys-out-saft-joint-venture.html |archive-url=https://archive.today/20130117135229/http://www.autoobserver.com/2011/09/johnson-controls-buys-out-saft-joint-venture.html |url-status=dead |archive-date=17 January 2013 |title=Johnson Controls Buys Out Saft Joint Venture |author=King, Danny |publisher=Autoobserver.com |date=7 September 2011 |access-date=15 August 2012 }}{{cite web |url=http://www.just-auto.com/news/johnson-controls-and-saft-finish-battery-joint-venture_id114293.aspx |title=US: Johnson Controls and Saft finish battery joint venture |author=Warburton, Simon |publisher=Just-auto.com |date=5 September 2011 |accessdate=15 August 2012 |archive-date=21 October 2011 |archive-url=https://web.archive.org/web/20111021010113/http://www.just-auto.com/news/johnson-controls-and-saft-finish-battery-joint-venture_id114293.aspx |url-status=dead }}{{cite web |url=http://www.jsonline.com/business/129172868.html |title=Johnson Controls, Saft agree to end joint venture |author=Barrett, Rick |publisher=JSonline.com |date=2 September 2011 |accessdate=15 August 2012}}

Saft wanted to accelerate its development through acquisitions in 2012 after cashing in on the end of its joint venture with Johnson Controls and refinancing debt.{{cite web |url=https://www.reuters.com/article/saft-idUSL5E8E10SC20120301?type=companyNews |title=Saft eyes acquisitions after refinancing debt |work=reuters.com |publisher=Reuters |date=1 March 2012 |accessdate=15 August 2012}} In February 2013, the Boeing's difficulties with the 787 Dreamliner made Airbus drop the use of lithium-ion batteries for its A350,{{cite web |url=https://www.reuters.com/article/us-airbus-battery-idUSBRE91E07V20130215 |title=Airbus drops lithium-ion batteries for A350 |author=Hepher, Tim |work=reuters.com |publisher=Reuters |date=15 February 2013 |accessdate=17 April 2013}} which hit Saft because it had a supply contract with the aircraft manufacturer, though the company publicly denied a major impact.{{cite web |url=https://www.reuters.com/article/us-saft-battery-idUSBRE91H0O820130218 |title=Saft sees little impact from Airbus dropping lithium-ion battery |work=reuters.com |publisher=Reuters |date=18 February 2013 |accessdate=17 April 2013}}

In July 2013, Saft was awarded a $6.5 million contract to supply high power lithium-ion batteries for the Lockheed Martin F-35 Lightning II{{cite web |url=http://www.fortmilltimes.com/2013/07/22/2836230/saft-awarded-65-million-contract.html |archive-url=https://archive.today/20130723010358/http://www.fortmilltimes.com/2013/07/22/2836230/saft-awarded-65-million-contract.html |url-status=dead |archive-date=23 July 2013 |title=Saft Awarded $6.5 Million Contract to Pioneer High Power Li-ion Aviation Battery Capabilities for F-35 |publisher=Fort mill times |date=22 July 2013 |access-date=22 July 2013 }}

Saft also supplies the battery for the Exagon Furtive-eGT, a four-seat electric sports car produced by Exagon Motors. The battery is capable of withstanding 3,000 charge cycles while conserving 80% of its capacity.{{cite web |url=http://www.motorlegend.com/essai-voiture/exagon-furtive-egt/2,17771.html|title=Essai EXAGON Furtive eGT |publisher=Motor Legend|date= 9 September 2013 |accessdate= 9 September 2013}}

In 2016, the French company Total (later renamed TotalEnergies) acquired all Saft shares and delisted it from the stock exchange in August of that year.{{cite web |url=https://renewablesnow.com/news/total-delists-saft-from-stock-exchange-536299/|title=Total delists Saft from stock exchange |publisher=Renewablesnow.com |date=15 August 2015 |accessdate=3 June 2017}}

In 2020 the Saft part of TotalEnergies signed for a joint-venture with the Stellantis Group{{Cite web|last=Pelé|first=Anne-Françoise|date=2020-09-04|title=Total, Groupe PSA Launch EV Battery Cells JV|url=https://www.eetimes.eu/total-groupe-psa-launch-ev-battery-cells-jv/|access-date=2021-12-29|website=EE Times Europe|language=en-US}} in order to develop and produce Lithium cells for electric vehicles. This Automotive Cell Company (AAC) shall set up a pilot plant at Saft in Nersac, subsequently a gigafactory should follow in Douvrin, Hauts-de-France, and later in Kaiserslauten, Germany.

File:TGV Atlantique.jpg Atlantique train on its way to Paris. SNCF is one of the major clients of Saft.]]

The Aerospace, Defense, and Performance division produces nickel, lithium-ion, and silver-based batteries.

The use of its products includes batteries for:

Aerospace

• Backup power and emergency systems.
• Engine and turbine starting for airplanes.
• Communications, scientific and observation satellites.
• Satellite launchers and space vehicles.

Defense

• Weapon systems & torpedoes.
• Military aircraft.
• Armored vehicles.

Performance

• Formula 1 and Formula E.
• Work boats and ferries.
• Cruise liners and luxury yachts.
• Cargo and offshore vessels.

The Connected Smart Energy division produces primary lithium batteries (Li-SOCl2, Li-MnO2, Li-SO2, Hybrid) and lithium-ion batteries. The use of its products includes batteries for:

• Smart metering.
• Electronic toll collection.
• Ecall.
• Asset tracking.
• Industrial Internet of Things.
• Medical devices.
• Portable military.
• Oil drilling.
• Environmental monitoring.
• Security systems.

The Energy Storage Systems division produces lithium-ion batteries. The use of its products includes batteries for:

• Energy storage solutions for network services and renewable energies.
• Micro-grids for commercial and industrial applications.

The Industry, Mobility, and Infrastructure division produces nickel technology and lithium-ion batteries. The use of its products includes batteries for:

Industry

• Emergency backup power, starting power, and cycling applications in the Oil & Gas industry.
• Power generation and distribution.

Mobility

• Electrification of industrial vehicles.
• On-board rail backup power for lighting, air-conditioning, communications.
• Critical safety rail applications such as emergency braking and door opening systems).
• Railway on-board traction systems.

Infrastructure

• Railway signaling systems.
• Backup power for the telecommunications industry.

{{Reflist}}

Category:TotalEnergies

Category:Battery manufacturers

Category:Electronics companies established in 1918

Category:Companies based in Paris

Category:French companies established in 1918

Category:Companies formerly listed on Euronext Paris