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PSA Promises Cheaper, Longer-Range EVs
PSA Peugeot Citroen CEO Carlos Tavares tells shareholders the company's next round of electric cars will cost less, travel farther and deliver better performance than the company's current lineup.
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PSA Peugeot Citroen CEO Carlos Tavares tells shareholders the company's next round of electric cars will cost less, travel farther and deliver better performance than the company's current lineup.
PSA's Peugeot iOn and Citroen C-Zero each a variant of Mitsubishi Motors Corp.'s i-MiEV electric sedan have not sold well. MMC began making the cars in 2010 under an agreement to supply PSA with 100,000 EVs over five years. But last year the French carmaker sold fewer than 2,000 of the two models combined.
The replacement EVs will ride on PSA's new EMP1 B- and C-segment platform. PSA tells Automotive News Europe the chassis will carry an array of EVs by 2020.
Tavares says PSA plans to debut a larger high-end plug-in hybrid car in 2019. That model will employ the EMP2 platform used by the Citroen C4 Picasso MPV and Peugeot 308 five-door hatchback.
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