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Mitsubishi and PSA Peugeot Citroen are expanding their collaboration beyond an existing supply deal for electric cars to powertrains and battery packaging. Mitsubishi will supplying a version of its i-MiEV that PSA will sell in Europe as the Peugeot iOn and Citroen C0.

The new efforts will be targeted at applying electric drive to light commercial vehicles. Compact vans like the Ford Transit Connect and the Peugeot Bipper and Partner are a popular for businesses in Europe and are seen as a good application for electric drive. These vehicles typically have a relatively small operating radius and run in urban areas where emissions are more of a problem. As a result, the limited range of near term battery electric vehicles is less of an issue. Check out the full press release after the break.



[Source: Mitsubishi]

PRESS RELEASE

Paris / Tokyo, June 30, 2010

New Cooperative Project for Electric Powertrains Between PSA Peugeot Citroën and Mitsubishi Motors Corporation
Paris / Tokyo, June 30, 2010 - Mitsubishi Motors Corporation (MMC) and PSA Peugeot Citroën (PSA) announced today that they have started a feasibility study for the development and supply of powertrains for electric vehicles, including an analysis on the packaging of batteries and its business viability. The first application of this new agreement will focus on light commercial vehicles.

This new step results from continuing discussions between the companies to expand their existing current collaboration on electric vehicles. MMC and PSA Peugeot Citroën have already signed a Cooperative Agreement regarding the development and supply of electric vehicles for Europe. Based on this agreement, MMC plans to start production of a jointly-developed European models based on its i-MiEV* new-generation electric vehicle for PSA Peugeot Citroën this October. The sales of these European models, the Peugeot iOn and Citroën C-ZERO, will commence at the end of this year.

*Mitsubishi innovative Electric Vehicle, based on the "i" minicar

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