PSA Peugeot Citroen and GE in bid to boost EV
25 October 2011
PSA Peugeot Citroën and General Electric have signed an agreement to help develop more effective business models for electric mobility (EV). The scheme will cover areas including fixed battery vehicles (FBEV) and plug-in vehicles (PHEV). The European Cooperation agreement is aimed at developing a new EV mobility offer, enabling B2B customers to overcome current EV constraints such as mileage, charging time and vehicle size.

Both companies intend to create an EV Customer Experience Centre in France that will promote the implementation of projects to demonstrate the economic, commercial and technological challenges involved.
GE Energy Industrial Solutions will supply and deploy the infrastructure products needed to make the projects possible, including charging stations and installer network. Both groups will collaborate towards deploying a joint commercial offer for PSA Peugeot Citroen customers that would include an EV and the relative charging infrastructure.
GE plans to buy up to 1,000 electric vehicles from PSA Peugeot Citroën by the end of 2015 for use throughout Europe.
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