BMW Group and PSA Peugeot Citroën join to develop hybrid car components

The BMW Group and PSA Peugeot Citroën entered a joint venture as the two giant automobile companies have decided to buy car components together.

A deal to implement a project that will improve hybrid parts for the electrification of the vehicles belonging to the BMW Group and PSA Peugeot Citroën was signed Wednesday.

The BMW-Peugeot Citroen Electrification venture aims to produce, develop, research and purchase components for their vehicles together.

Vehicles of the two car makers from 2014 onwards will include hybrid components including generators, chargers, power electronics, and batter packs. The venture is expected to start in the second quarter of 2011 as subject to approval.

The two car makers have been working together on engines since 2006.

[BMW Blog]

Tagged with: , , ,
Posted in Hybrid

Facebook comments:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Archives