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PSA plans to electrify all vehicles by 2025

ABR Staff Writer Published 18 January 2018

French automaker PSA Group is planning to electrify its global-product lineup by 2025 and manufacture vehicles with limited self-driving capabilities by 2030.

The company’s CEO Carlos Tavares speaking at the Automotive News World Congress in Detroit said that electric options will be offered for all of its models including fully electric and hybrid models.

PSA which owns brands such as Peugeot, Citroen, Opel, Vauxhall and DS, is planning to introduce 40 new electrified vehicles by 2025.

Previously, it stated that it intends to electrify 86% of all its brands by 2023 and Opel’s 100% lineup by 2024.

By 2030, 80% of its vehicles would have level two or limited autonomous capabilities, which will allow them to steer and brake in some limitations.

And by the same year, one in 10 cars from the company is expected to have level four autonomous capabilities.

PSA exited the US market more than 20 years ago and plans to make a re-entry into the market slowly with ride services in two or three major cities.

The company is said to have a 10 year plan which was announced in 2016, to enter the US market and it will be completed by 2026, when it will make its entry.

Tavares did not reveal which brand from PSA will first enter the US market.

Image: PSA to electrify vehicles by 2025. Photo: Courtesy of Groupe PSA Direction de la communication.