PSA Group Takes on Energy Transition Challenge by Expanding Its Petrol Line-up in Europe & Investing in Hybrid & Electric Pow...
24 Mai 2016 - 1:45PM
Business Wire
Regulatory News:
As part of the energy transition process and in line with the
technological offensive spelled out in its Push to Pass strategic
plan, PSA Group (Paris:UG) is firmly focused on diversifying its
technological offering with plug-in hybrid petrol engines and
next-generation electric powertrains, which will be used in
particular to equip e-CMP, its future electric platform developed
in partnership with Dongfeng Motors.
At the same time, the Group will continue to develop
next-generation internal combustion engines, both petrol and
diesel.
For strategic reasons, PSA Group has decided to manufacture the
main electric powertrain components in France, signalling its
determination to develop high-tech operations in profitable niche
markets. The electric powertrain will be produced at the
Trémery/Metz centre of excellence, while the gear systems will be
manufactured at the Valenciennes plant.
PSA Group has also decided to fit its plug-in hybrid petrol
vehicles with engines produced at the Française de Mécanique
facility in Douvrin, France.
To meet growing demand for petrol engines, PSA Group plans to
double production in France, by 2019, of its 3-cylinder EB Turbo
PureTech petrol engine, which in 2015 was named engine of the year
in its category by an international jury.The Douvrin and Trémery
plants will produce 350,000 additional turbo petrol engines in
2018, lifting potential output to 670,000 units. As a result of
these investments, Trémery is set to become the Group's most
diversified engine plant, capable of manufacturing petrol, diesel
and electric powertrains.
In addition, to increase its capacity to produce three-cylinder
petrol engines and move production as close to consumers as
possible, PSA Group will install an EB module at the Trnava,
Slovakia plant in 2019. This will enable it to meet rising demand
for petrol engines on entry-level vehicles.
These various decisions form part of Group PSA's technological
drive to modernise its plants and prepare for the energy
transition.
Gilles Le Borgne, Executive Vice-President, Research &
Development said: “We will be launching an unprecedented
technological offensive as part of the Push to Pass plan, to
provide our customers with an attractive offering of sustainable
mobility solutions and maintain our lead in terms of pollutant
emissions reduction, with seven plug-in hybrids and four other new
electric vehicles scheduled for launch by 2021, in addition to our
flagship engine models.”
About PSA Group
With its three world-renowned brands, Peugeot, Citroën and DS,
the PSA Group sold 3 million vehicles worldwide in 2015.
Second largest carmaker in Europe, the PSA Group recorded sales and
revenue of €54 billion in 2015. The Group confirms its
position of European leader in terms of CO2 emissions, with an
average of 104.4 grams of CO2/km in 2015. With a fleet of
1.8 million connected vehicles on the road worldwide, the
Group is on the cutting edge of innovation in this field, and is
expanding its services as a mobility provider. It is also involved
in financing activities (Banque PSA Finance) and automotive
equipment (Faurecia).
For more information, please visit groupe-psa.com/en
Communications Division - www.groupe-psa.com -
+33 (0)1 40 66 42 00 - @GroupePSA
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