France’s PSA Group to offer 40 electric vehicles by 2025

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Lamborghini unveils the 2019 Lamborghini Urus SUV at the Museum of Contemporary Art Detroit in Detroit, Monday, Jan. 15, 2018. Junfu Han, Detroit Free Press

PSA Peugeot Citroen Chief Executive Carlos Tavares arrives to deliver his speech during the presentation of the company’s 2016 full year results, in Paris, Thursday, Feb.23, 2017.

(Photo: Christophe Ena, AP)

 

The CEO of France-based automaker PSA Group says it will offer 40 electric models across its lineup by 2025, and it plans to sell vehicles in the U.S. within 10 years.

Carlos Tavares tells an auto industry conference in Detroit that PSA already offers mobility services in the U.S. It will use those to learn the market and return to U.S. sales by 2026.

Tavares wouldn’t say exactly when the company that makes Peugeot and Citroen vehicles will start U.S. sales or which brand it will offer.

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PSA bought the Opel and Vauxhall brands from General Motors last year. Tavares says the Opel brand will develop products for the U.S.

 

 

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