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MITSUBISHI MOTORS TO SUPPLY 100,000 ELECTRIC CARS TO PEUGEOT

2010-peugeot-ion

MITSUBISHI MOTORS TO SUPPLY 100,000 ELECTRIC CARS TO PEUGEOT

Mitsubishi Motors Corp. said today it reached a final agreement with PSA Peugeot Citroen on electric car development and supply.

The Paris-based carmaker will sell electric vehicles under the Peugeot and Citroen brands, Mitsubishi said in a release on its Web site. Production will begin in October and European sales will start by the end of the year. The agreement covers 100,000 vehicles over the next five to six years to market them in Europe. The French automaker will begin selling the vehicles by the end of this year under the Peugeot and Citroen brands, the Japanese carmaker said.

The i-MiEV EV, which is based on Mitsubishi’s i city car, is powered by 88 lithium ion cells connected in a series. Its permanent magnet synchronous motor makes 47 kW or 64 PS and 180 Nm of torque from zero to 2000 rpm. Cruising range is 160 km in the Japanese 10-15 mode. A full charge from a 200V outlet will take about seven hours.

This news comes in the wake of failed discussions for capital alliance between both companies in the style of Renault and Nissan. PSA chief Philippe Varin confirmed that at the Geneva show but also said that both parties will continue talking about expanding business ties – and this is one example of a good tie up. PSA also markets the Mitsubishi Outlander SUV under Peugeot and Citroen brands.

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