Enterprise Television- Peugeot Plans Electric Versions of All Cars by 2025
French carmaker PSA CEO Carlos Tavares ,owner of the Peugeot, Citroen, Opel, Vauxhall and DS brands, will offer an electric version of all its models by 2025.
Tavares said the PSA group would by 2025 be 100 percent electrified, meaning all cars would be available in hybrid or all electric.
Tavares also announced that PSA was planning a comeback in the United States after an absence of more than 20 years.
Until now, Europe’s second-biggest carmaker had only committed to having electric options on 80 percent of its range by 2023.
PSA last year took over General Motors’ loss-making Opel and Vauxhall operations, in a 2.2-billion-euro ($2.6-billion) deal aimed at narrowing the gap on German giant Volkswagen in Europe.