Monday, June 16, 2008

Nikkei: Mitsubishi and Peugeot will work together on electric cars



The iMiEV, the production car based on the Nissan Mixim, and who knows what other goodies became a little bit more real today with the report in the Nikkei business daily newspaper that Mitsubishi and PSA Peugeot Citroen will work together on electric vehicles. The two companies will share technology, particularly about next-gen lithium-ion batteries. Nikkei said that Mitsubishi will offer PSA information on how best to convert electricity to drive power and how to prevent overheating in the batteries. According to Reuters, the two companies may also form a joint venture to build EVs. Mitsubishi had no official statement for Nikkei, but we do know that PSA and Mitsubishi recently announced a joint plant in Russia.

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