Tag Archives: BMW Peugeot Citroen Electrification

BMW Peugeot Citroen Electrification to invest $137 million in new hybrid joint venture

We heard earlier this month that BMW and PSA Peugeot Citroen’s have created a new 50/50 equity joint venture that will expand their existing cooperation on hybrid systems. The two companies announced today that they plan on investing 100 million Euros ($137 million USD) in their new joint venture named ‘BMW Peugeot Citroen Electrification.’ BMW […]

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