Press Release

Fast-growing Automotive Cells Company (ACC) Optimizes Budget Planning with Board

Wednesday, 14 February 2024 - Boston, Massachusetts

Board announces its collaboration with ACC, a company specializing in the design and production of batteries for electric vehicles in Europe, to optimize its budget planning.

Board, a leader in intelligent planning, announces its collaboration with Automotive Cells Company (ACC), a company specializing in the design and production of batteries for electric vehicles in Europe. ACC selected the Board Intelligent Planning Platform to optimize its budget planning.

Established in 2020, ACC is a joint venture between Stellantis, Mercedes-Benz and TotalEnergies. Its goal is to achieve a battery production with the highest quality and environmental standards, equipping more than 2.5 million vehicles annually by 2030. Amidst rapid growth with the construction of three gigafactories in Europe, ACC needed to rethink its budget planning with a standardized and agile solution covering key processes such as budget development, sales forecasting, CAPEX, expense, and workforce management.

ACC chose the Board Intelligent Planning Platform to implement customized and agile processes, allowing continuous planning to reflect the organization's ongoing transformation. Additionally, ACC's financial and operational teams will benefit from a unique tool with real-time data analysis, simplifying the reporting and dissemination of information. Special attention is given to data security, with strict measures to ensure confidentiality. With Board, ACC can unify and manage all its data within a single platform, fostering a comprehensive and integrated view of its business activities.

Jeff Casale, CEO of Board, emphasized the importance of this collaboration:

ACC is poised to become a major player in the design and production of batteries for electric vehicles in Europe. We are proud to support them in transitioning to a more agile and efficient financial and operational management—providing them with an Intelligent Planning approach.

This strategic collaboration aims to strengthen ACC's competitiveness in the market by leveraging the latest technological advances for more effective financial and operational management.

About ACC

Founded in 2020, ACC (Automotive Cells Company) is a fast-growing high-tech company operating in the world of battery technology for electric vehicles, with its first Gigafactory inaugurated in Billy-Berclau/Douvrin (France) two and a half years after the company was founded. ACC is a joint venture between Stellantis, Mercedes-Benz and TotalEnergies, through its subsidiary Saft, behind of the technology used by ACC. This unique initiative is supported by France, Germany, Italy, and the European Union.

About Board

Board Intelligent Planning solutions help over 2,000 organizations worldwide plan smarter, enable actionable insights, and achieve better outcomes. Industry leaders trust Board to unify strategy, finance, and operations through more integrated and intelligent planning, so they can take full control of performance. Partnering with Board, global companies such as H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG, and HSBC have transformed their planning processes to build a competitive edge.

Founded in 1994, and now with 25 offices worldwide, Board International is recognized by leading analysts including BARC, Gartner, and IDC.