PSA Peugeot Citroen and General Electric team up for electric cars

In a bid to develop new electric vehicle mobility inEurope, PSA Peugeot Citroen will team up with General Electric.

The two companies will focus on electrical mobility including both fixed battery electric vehicles and plug-in hybrid electric vehicles. It is a non-exclusive and renewable agreement with the companies seeking to develop a new electric vehicle mobility offer in Europe that will enable B2B customers to overcome the current electric vehicle constraints, such as mileage, charging time and vehicle size.

It is the intention of both to create an electric vehicle customer experience centre in France to promote projects. In addition, GE Energy’s Industrial Solutions will supply and deploy infrastructure products needed to make the projects possible, and particularly charging stations and an installer network. They will also work together on a joint commercial offer for PSA Peugeot Citroen customers, which is likely to include an electric vehicle and charging infrastructure.

Furthermore, GE Capital will lease electric vehicles across Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

It’s not the first collaboration between the two – back in July 2011, GE Capital announced the first European supply of electric vehicle Citroen C-Zero cars to technology giant 3M with GE also showing interest in buying up to 1,000 electric vehicles from PSA Peugeot-Citroen by the end of 2015 for all of Europe.

The Green Car Website