Mitsubishi and Peugeot could collaborate to develop electric cars

Automobile manufacturers PSA Peugeot Citroen and Mitsubishi have announced a cooperation agreement for the trains run on electric cars, according to Financial Times.
The companies will sign a letter of intent to investigate, develop, produce and use motors, inverters and other electrical components for automobiles.
The second largest European manufacturer will complete a feasibility study regarding the production of vehicles, until the end of the year. The company discusses with more suppliers of batteries.
Peugeot declined to comment, while Mitsubishi said that “working together with PSA in all sorts of things.”
The pact will mark a strengthening of ties between the two companies, which have already plan to jointly produce vehicles in Russia, 2011.
Mitsubishi will next year become the first producer of large cars which will produce a 100% electric vehicle, called i-MiEV, propelled by the new generation of lithium-ion batteries.
Peugeot had electric cars in production based on limited Citroen Berlingo, Peugeot Partner, Peugeot 106 and Citroen Saxo. Nevertheless, the cars had limited autonomy due its batteries, and Peugeot has stopped producing them in 2005.

Mitsubishi and Peugeot could collaborate to develop electric cars

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