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Mitsubishi Motors Corporation and PSA Peugeot Citroën Sign Final Agreement On i-MiEV
8 March 2010
Mitsubishi Motors Corporation (MMC) has signed a Final Cooperative Agreement regarding development and supply of the new-generation electric vehicle (EV) i-MiEV with PSA Peugeot Citroën (PSA).
MMC and PSA originally signed a Framework Agreement in September 2009. Following the Framework Agreement, both parties reached a final consensus on development and supply of EVs based on the i-MiEV for the European market. The main points of this Final Cooperative Agreement are:
- PSA will sell the EVs under the Peugeot and Citroën brands.
- Production is to commence in October 2010 and product launch in the European market will be by the end of 2010.
- A total of 100,000 units are expected to be supplied in the frame of this Agreement.
March 8, 2010 in Brief | Permalink | Comments (0) | TrackBack (0)
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