PSA Groupe

  • French automotive colossus PSA Group has formally announced the introduction of its Emov all-electric car-sharing service to a second European city. The rollout of the fleet will begin in the Portuguese capital of Lisbon next month.

  • Groupe PSA, the second largest car manufacturer in Europe has announced a joint venture with Nidec, the leading comprehensive motor manufacturer, to create “Nidec-PSA emotors”. Carlos Tavares, Chief Executive Officer of Groupe PSA and MM Shigenobu Nagamori, Chief Executive Officer of Nidec, endorsed today the establishment of the new project dedicated to the design, development, manufacture and sale of electric traction motors.