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From Electrek: GM says it will work with PSA on electric vehicles, but no word on Bolt...

Discussion in 'News from Electrek.co' started by RSSFeed, Mar 6, 2017.

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    GM says it will work with PSA on electric vehicles, but no word on Bolt EV/Ampera E

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    After a few weeks of talks, GM and the PSA Group, Peugeot-Citroën, have confirmed that the latter will purchase GM’s European business, including Opel/Vauxhall subsidiary and GM Financial’s European operations.

    As part of the €2.2 billion ($2.3 billion) transaction, GM will get warrants to purchase shares of PSA and the two automakers will collaborate on “the further deployment of electrification technologies”. more…

    Filed under: Uncategorized [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG][​IMG]

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