Monday, 21 January, 2019

Peaugot Plans Electric Models For All Car Products Come 2025

French car manufacturer PSA Peugeot Citroen assembly line in Aulnay-sous-Bois north of Paris. – AP French car manufacturer PSA Peugeot Citroen assembly line in Aulnay-sous-Bois north of Paris. – AP
Nellie Chapman | 20 January, 2018, 04:44

Automotive News quoted Tavares as telling the paper's World Congress that PSA would offer 40 hybrid or fully electric models within seven years.

Auto industry executives use the term electrified to describe fully electric vehicles, and vehicles that use hybrid systems that combine battery systems and petroleum-fueled engines.

The company plans to start meeting with auto dealers in the U.S. this year as it considers how it will distribute its vehicles, Tavares said."If you want to be a global player, you have to be there", he told the group.

Vauxhall had recently been sold by American brand GM to PSA, and the French carmaker said that it will be making a return to the United States following a two-decade-long departure from the continent.

Along with having an electrified drivetrain option for all vehicles by 2025, Tavares added that 80 per cent of PSA group cars will have some form of autonomous driving capabilities by 2030, while 10 per cent of its vehicles will offer a full self-driving operation. Peugeot acquired Opel and Vauxhall from General Motors in 2017 as part of the company's global expansion plans.

Last year, Tavares acquired GM's European Opel operation after GM made a decision to divest the money-losing operation. Tavares says the Opel brand will develop products for the U.S.

Next, Tavares said, will come ride services using Peugeot cars.

The CEO told Reuters, Opel's American engineers will see to it that future US-bound vehicles are not only compliant in a regulatory sense, but will also ensure these cars suit American tastes.

Peugeot has "people working on cars now" for the US market, Tavares said. He did not elaborate during a question and answer session. Tavares joked that Fiat Chrysler Chief Executive Sergio Marchionne should call him, but then said that he has enough on his plate "for the time being".