The French group has signed two new agreements with the Chinese automaker to launch small and compact electric vehicles on a worldwide scale.
The agreement between PSA and Dongfeng involves the design of an electric version of their Common Modular Platform (CMP), which was jointly developed by the two companies.
The new derivative with the code name e-CMP will spawn a series of "all-electric, high-performance B and C segment vehicles" for Peugeot, Citroen, DS and, of course, Dongfeng, with the first cars to hit the market as early as 2019.
"The future e-CMP platform is a key milestone in our partnership with Dongfeng”, said Carlos Tavares, Chairman of PSA Group. “It will speed up the worldwide development of both of our groups, while helping us to reach the strict carbon objective set for 2020.”
The two, who have formed the Dongfeng Peugeot Citroën Automobile (DPCA), also signed a new Human Resources agreement to increase synergies like temporary employee exchanges in the fields of Research & Development, Marketing, Manufacturing, Finance and Human Resources.