{"id":117962,"date":"2019-04-08T08:04:59","date_gmt":"2019-04-08T08:04:59","guid":{"rendered":"https:\/\/www.bnreport.com\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/"},"modified":"2019-04-08T08:04:59","modified_gmt":"2019-04-08T08:04:59","slug":"total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/","title":{"rendered":"Total expands battery business as oil majors look beyond global peak oil"},"content":{"rendered":"

<\/p>\n

French giant Total has teamed up with a Chinese battery maker, as oil majors around the world work to future-proof their businesses.<\/p>\n

Total subsidiary Saft signed an agreement with Tianneng Energy Technology to expand their production of lithium-ion batteries.<\/p>\n

Read more<\/strong>: Shell switches 700,000 customers to renewables as it rebrands First Utility<\/a><\/p>\n

They plan to use the Changxing Gigafactory which has a capacity of up to 5.5 gigawatt hours.<\/p>\n

Production will be focused on supplying the market for electric bikes, vehicles, and energy storage.<\/p>\n

\u201cThe JV will allow Saft to join forces with a Chinese partner, a world leading lead acid battery manufacturer, willing to develop its lithium-ion activities. It will also give Saft access to Chinas booming battery market as well as highly-competitive mass production capacity to accelerate its growth,\u201d said Total chief executive Patrick Pouyanne.<\/p>\n

It follows a series of moves by big oil companies to move into the electricity sector as industry insiders predict that oil demand will peak within the next two decades.<\/p>\n

Last week Shell entered the UK domestic energy market in a public way for the first time, rebranding First Utility, which it bought last year, as Shell Energy. The firm said it has moved all customers to renewable energy and plans to become the largest electricity supplier in the world.<\/p>\n

Total, meanwhile, bought Direct Energie and its renewable energy and gas power plants last year. It hopes to reach 7m customers in France and Belgium in three years.<\/p>\n

However, the firms also face challenges. Margins in the power space are lower than big oil is used to, and the transition will require huge invRead More<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

French giant Total has teamed up with a Chinese battery make..<\/p>\n","protected":false},"author":1,"featured_media":117963,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-117962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nTotal expands battery business as oil majors look beyond global peak oil - Business News Report<\/title>\n<meta name=\"description\" content=\"French giant Total has teamed up with a Chinese battery make..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Total expands battery business as oil majors look beyond global peak oil - Business News Report\" \/>\n<meta property=\"og:description\" content=\"French giant Total has teamed up with a Chinese battery make..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-08T08:04:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/04\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Total expands battery business as oil majors look beyond global peak oil\",\"datePublished\":\"2019-04-08T08:04:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/\"},\"wordCount\":283,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/\",\"name\":\"Total expands battery business as oil majors look beyond global peak oil - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg\",\"datePublished\":\"2019-04-08T08:04:59+00:00\",\"description\":\"French giant Total has teamed up with a Chinese battery make..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg\",\"width\":960,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Total expands battery business as oil majors look beyond global peak oil\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Total expands battery business as oil majors look beyond global peak oil - Business News Report","description":"French giant Total has teamed up with a Chinese battery make..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/","og_locale":"en_US","og_type":"article","og_title":"Total expands battery business as oil majors look beyond global peak oil - Business News Report","og_description":"French giant Total has teamed up with a Chinese battery make..","og_url":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2019-04-08T08:04:59+00:00","og_image":[{"width":960,"height":600,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/04\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Total expands battery business as oil majors look beyond global peak oil","datePublished":"2019-04-08T08:04:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/"},"wordCount":283,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/04\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/","url":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/","name":"Total expands battery business as oil majors look beyond global peak oil - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/04\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg","datePublished":"2019-04-08T08:04:59+00:00","description":"French giant Total has teamed up with a Chinese battery make..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/04\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/04\/the-40th-tokyo-motor-show-2007-day-1-77471188-5ca6737a6c3f8-1.jpg","width":960,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/total-expands-battery-business-as-oil-majors-look-beyond-global-peak-oil-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Total expands battery business as oil majors look beyond global peak oil"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/117962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=117962"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/117962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/117963"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=117962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=117962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=117962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}