PSA, Dongfeng to Develop EVs
PSA Peugeot Citroen and China's Dongfeng Motor Group, which holds a 14% stake in the French company, say they will co-develop an electric vehicle and introduce it in 2020.
PSA's current EVs are the Peugeot iOn and Citroen C-Zero minicars. Both are electrified variants of Mitsubishi Motors Corp.'s i-MiEV electric sedan. PSA says its program with MMC will continue with current-generation versions of all three cars.
But PSA and Dongfeng announced in April they would co-develop a small-car "common modular platform" to carry next-generation B- and C-segment cars produced by both companies. Observers speculate the new chassis also will be used by the PSA-Dongfeng EVs.
Although the term “continuous improvement” is generally associated with another company, Honda is certainly pursuing that approach, as is evidenced by the Accord, which is now in its ninth generation.
The engineers at Munro & Associates have taken a perfectly sound BMW i3 and taken it apart. Completely apart. And they are impressed with what they’ve discovered about how the EV is engineered.
Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.