PSA and FCA will be engaged in the joint development of electric vehicles

PSA and FCA will be engaged in the joint development of electric vehicles

April 1, 2019 0 By autotimesnews

It is considered that two large automobile concerns are discussing the creation of a “super platform” for electric vehicles.

After the information appeared in the middle of last month that the French concern PSA was aiming at creating new unions, the foreign edition Automotive News published a new interesting information about the French manufacturer. The second largest European automaker in 2018, allegedly discussing a partnership with the Italian-American Fiat Chrysler Automobiles, the purpose of which will be the creation of electric vehicles.

Two auto giants are considering the possibility of joint development of a “super platform”, architecture for electric vehicles, which will be used by all brands that are part of the PSA and FCA concerns.

 People who asked not to be named said that both automakers want to cut investment costs and make their electric cars more profitable.

  “No car manufacturer alone can afford the huge investment needed to develop platforms for electric and plug-in hybrid cars,” says Carlo Alberto Carnevale Maffe, professor at the University of Milan Bocconi. “Negotiations between PSA and FCA, as well as negotiations between BMW and Daimler, are a clear sign that the industry needs to find new ways to develop competition for end products and services.”

  Potential collaboration between PSA and FCA is also seen as the first step towards the complete merger of the two automakers. PSA is considered to be very interested in such a move due to the influence of FCA in the United States, where the French company plans to return fully by the middle of the next decade. In addition, FCA also owns Jeep, which is one of the most attractive brands in the modern industry.

Not so long ago, we became aware that the French concern PSA Group will expand.