Commitment & purpose

Governance

The partnership between Orano and XTC New Energy, through Neomat, seeks to support the development in France of a value chain for the production and recycling of electric vehicle batteries, while strengthening European sovereignty in the supply of critical battery materials. The priority is to establish a development plan that aligns with market expectations, ensure its implementation, and guide its evolution.

This collaboration exemplifies the strong cooperation between China and France in battery innovation, bringing together the two countries’ cutting-edge technologies in research and material production for new mobility solutions.

We remain confident in the growth and future of the electric vehicle industry in Europe.

Neomat’s governance is built on a balanced distribution of responsibilities between Neomat CAM and Neomat PCAM.