European car maker PSA Peugeot-Citroen has signed a partnership with electric car manufacturer Bolloré to jointly produce and sell electric cars, as well as promote car-sharing schemes worldwide.
The agreement provides for the assembly of Bolloré’s Bluesummer, a four-seat electric vehicle, at PSA Peugeot Citroën plant in Rennes from September 2015. Bluesummer will be distributed by PSA Peugeot Citroën.
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The two groups will also cooperate in the car-sharing market, where they both have a presence. PSA Peugeot Citroën has set up various car-sharing operations since 2013, with a service for businesses in France and, via its Citroën brand, in Germany. Bolloré operates an electric vehicle car-sharing network in several cities in France and abroad, via dedicated subsidiaries.
In the future, the two companies will create a joint venture to deploy car schemes worldwide using electric vehicles.
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By GlobalData
