Thursday, October 27, 2011
BMW Peugeot Citroen Officially launch Electrification joint venture
1 year right after the two partners signed a memorandum of understanding, the joint venture formed by the BMW Group and PSA Peugeot Citroën to create and manufacture hybrid and drive technologies is now up and running.The launch of the joint venture "BMW Peugeot Citroën Electrification" creates the needed conditions for the swift implementation of their typical goals. Production of hybrid components for the electrification of each companies' models is scheduled to start in 2015. BMW
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