The PSA Peugeot Citroen group has signed a ``Memorandum of Understanding`` regarding a collaboration with Mitsubishi on electric vehicles based on the i-MiEV electric vehicle made by the Japanese automaker. Today, the CEO of PSA Peugeot-Citroen, mister Philippe Varin and the CEO of Mitsubishi Motors, mister Osamu Masuko, have signed a cooperative agreement in Paris, thanks to which the deal is finalized. The resulting electric vehicle will roll of the production line in October next year while the first customers will get their hands on the electric vehicle towards the end of 2010. It is important to mention that we will see both Peugeot and Citroen versions available for the European market.
The Japanese automaker Mitsubishi has launched the i-MiEV electric vehicle back in June on the JDM (Japanese Domestic Market). The Mitsubishi i-MiEV will hit the rest of the global markets towards the end of this year. The price of the Mitsubishi i-MiEV is set a minimum of 4.599.000 yens which is equivalent to almost 34.500 euros. The electric vehicle is quite expensive if we take into consideration the fact that the Japanese Domestic Market (JDM) Toyota Prius has a basic price of 2.050.000 yens, or about 15.000 euros.
The Mitsubishi i-MiEV electric vehicle gets its power from an electric engine that has an output of 64 horsepower and 180 Nm of torque. The i-MiEV has a rear wheel drive, thus the power of the electric engine is sent to the rear wheels.
The Mitsubishi i-MiEV electric vehicle will most probably have the same outcome as the mini car co-developed by Toyota, Peugeot and Citroen, named Aygo, 107 and C1 respectively. The only differences between the Toyota Aygo , the Peugeot 107 and the Citroen C1 are represented by a different rear end design and a personalized front fascia for all three cars. It is quite possible that the same thing will happen with the Mitsubishi i-MiEV and the Peugeot and Citroen versions of it.
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