electric/hybrid

Peugeot, General Electric sign wide-ranging EV deal for Europe

PSA Peugeot Citroën and General Electric have signed a commercial cooperation agreement for the co-development of innovative solutions in the field of electric mobility.
Peugeot, General Electric sign wide-ranging EV deal for Europe

Though the deal is non-exclusive, GE and PSA Peugeot Citroën said they will seek to jointly develop a new EV mobility offering in Europe that will enable B2B customers to fully integrate EVs into their fleets.

In addition, the two companies said they would cooperate on the development of an EV Customer Experience Centre in France that will promote the implementation of projects to demonstrate the economic, commercial and technological challenges at stake.

GE Energy’s Industrial Solutions will supply and deploy the infrastructure products needed to make the projects possible, in particular charging stations and installer network.

Both groups will collaborate towards deploying a joint commercial offer for PSA Peugeot Citroën customers that would include an EV and the relative charging infrastructure.

At a signing ceremony to kick off the partnership, Ferdinando Beccalli-Falco, President of GE Europe and North Asia and CEO of Germany, said “GE is delighted to ally our commercial and technological expertise in infrastructure and energy with the knowledge and market position of PSA in EVs.

“In order to propose efficient solutions to our customers, neither GE nor PSA can just propose only the car, but need to think at larger scale and provide combined solutions which emphasize our strengths,” he said.

Jean-Marc Gales, Executive Vice President Brands of PSA Peugeot Citroën added, ”Our strategy is to offer to each of our customers the low-CO2-emitting technology adapted to their individual mobility needs. Through our agreement with GE, we will considerably ease the access to electric mobility for our customers, especially commercial customers.”

As a sign of its engagement in the EV sector, GE said it intends to acquire up to 1,000 PSA Peugeot Citroën EVs by the end of 2015 for all of Europe.

For additional information:

Peugeot-Citroen

GE

Tags: Europe , CO2 , France , Germany
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