Nikkei. GS Yuasa Corp. plans to supply lithium-ion batteries for electric vehicles to PSA Peugeot Citroëën SA.
GS Yuasa now supplies lithium ion batteries to Mitsubishi Motors for use in the i-MiEV electric car. Mitsubishi and PSA Peugeot Citroën have a cooperative agreement on electric vehicles, currently ranging from the European Peugeot iOn and Citroën C-ZERO models based on the i-MiEV (earlier post) to the development of an electric version of Peugeot Partner and Citroën Berlingo LCVs built at the PSA Vigo plant in Spain.
The batteries will be made at a Ritto, Shiga Prefecture, plant of Lithium Energy Japan, a joint venture GS Yuasa set up with Mitsubishi Motors Corp. and Mitsubishi Corp. This plant is slated to begin operations next spring and will have the capacity for churning out enough batteries for 50,000 electric vehicles a year.
The batteries are expected to be supplied via Mitsubishi Motors to a Spanish production site of PSA Peugeot Citroen for use in commercial electric vehicles the French automaker will start making in 2012. These vehicles are being developed with Mitsubishi Motors based on PSA Peugeot Citroen’s existing gasoline-powered commercial vehicles.
GS Yuasa also recently reached a final agreement to supply Canadian autoparts manufacturer Magna International Inc.