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Cooperation Is a Gift that Keeps on Giving

Author: David Alexander, Principal Analyst, Automotive Technology

Published: 31 Mar 2011

On 1st February 2011, the BMW Group and PSA Peugeot Citroën signed an agreement to set up a 50-50 equity joint venture named BMW Peugeot Citroën Electrification. The new venture is being positioned to become a leader in development of hybrid components for front-wheel-drive small cars. Hybrid system software development is planned for the near future, with longer term products to include high-voltage energy storage, electric motors, and battery charging technology.

The full text of this Insight is available to subscribers of the Automotive Technology Research Service.

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