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Peugeot EX1 sets electric vehicle 'Ring record – Click above to watch video after the jump

Peugeot EX1 concept – Click above for high-res image gallery

Since the Peugeot iOn is a rebadged Mitsubishi i-MiEV, isn't it kind of unfair to give Peugeot a first place eCarTec award for electric cars? Maybe, but that's what's happened in Bavaria, Germany, where the federal state of Bavaria handed out the award as part of the second annual eCarTec international trade fair. To be fair, the iOn does will be available in Europe later this year, something that can't be said for the i-MiEV. Aside from bragging rights, Peugeot will also get €7,500 ($10,46

The European automotive market is decidedly different than ours. For one, Europeans tend to have an affinity towards vehicles with wee dimensions, while a lot of Americans still trend towards a go-big-or-go-home mentality. Since Europeans seem to have a better grasp of the benefits of small cars, Peugeot-Citroen (PSA) feels that it will need three small electric vehicles (EVs) to fill the desires on the continent. PSA thinks that it can meet Europe's EV demand with battery-powered minicars, smal