Peugeot CEO: All PSA vehicles will electrified by 2025

FAN Editor
FILE PHOTO: Tavares, CEO of PSA Peugeot Citroen, poses with the Car of the Year Peugeot 3008 during the 87th International Motor Show at Palexpo in Geneva
FILE PHOTO: Carlos Tavares, CEO of PSA Peugeot Citroen, poses with the Car of the Year Peugeot 3008 during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. REUTERS/Arnd Wiegmann /File Photo

January 18, 2018

By Joseph White

DETROIT (Reuters) – Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 “the PSA Group will be 100 percent electrified,” and will offer “no less than 40 electrified vehicles.”

Auto industry executives use the term electrified to describe fully electric vehicles, and vehicles that use hybrid systems that combine battery systems and petroleum-fueled engines.

Tavares, speaking to the Automotive News World Congress in Detroit, said 80 percent of the French automaker’s vehicles will have the capability to navigate themselves under limited conditions by 2030, and 10 percent will have “level four and level 5” autonomy.

(Reporting by Joe White; Editing by Sandra Maler)

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