New Step in the Electric Vehicles cooperative agreement between Mitsubishi Motors Corporation and PSA Peugeot Citroën

Osamu Masuko, CEO of Mitsubishi Motors Corporation (MMC), and Philippe Varin, CEO of PSA Peugeot Citroën, signed today in Paris a cooperative agreement that signifies a new step in their partnership on electric vehicles (EV). The main points of this cooperative agreement are: The development of an EV for the European market based on MMC’s [...]

Mitsubishi Motors Corporation and PSA Peugeot Citroen: one step further towards electric vehicles for Europe.

Mitsubishi Motors Corporation (MMC) and PSA Peugeot Citroen announced today that both companies have signed a Memorandum of Understanding regarding collaboration on electric vehicles based on a vehicle currently under development by MMC in Japan. In June 2008, both companies started a feasibility study of the development, manufacture and use of an electric powertrain for [...]