PSA Peugeot Citroen’s electric cars, the Peugeot iOn and the Citroen C-Zero, have not be doing well in Europe – a growing market for EVs and PHEVs. Both EVs are rebadged variants of the Mitsubishi iMiev electric kei car. However, the French automaker is done with rebadging EVs and wants to develop its own EVs.
According to a new report from Automotive News Europe, company’s the new electric cars will be cheaper and have a longer range than those currently sold. The Peugoet iOn and the Citroen C-Zero both are priced at £26,216 OTR in the UK and have a range of 93 miles (150 km).
At the annual shareholders meeting on April 29, PSA’s CEO Carlos Tavares re-confirmed that its second generation EVs will be launched in 2020. The new EVs will have a better performance and driving range, and be priced lower. Contradicting the previous report which said that the first new EV will be built on the new Common Modular Platform co-developed with Chinese JV partner Dongfeng, the new report says that the EVs will be built on the EMP1 platform. The new report also says that the EMP1 platform will underpin the company’s next-gen B-segment and C-segment cars.
Mr. Tavares also revealed that the company is closing in with development of its first PHEV which will be launched in 2019 under the newly formed premium brand DS.
[Source: Automotive News Europe]