PSA and its Chinese partner, Dongfeng Motors, have inked a strategic agreement to develop an all-new electric Common Modular Platform (e-CMP).
The new electric architecture, which has been in development since April 2015, will underpin both company’s all-electric, high performance B and C segment vehicles.
PSA Group and Dongfeng Motors have also signed a framework Human Resources agreement designed to increase synergies to develop talent internationally.
In practical terms, the agreement will provide for temporary employee exchanges between operational teams in the fields of Research & Development, Marketing, Manufacturing, Finance and Human Resources. Best practices will also be shared in each area of HR to identify potential areas of cooperation.
For PSA Group, the agreement goes hand in hand with its Push to Pass strategic plan and serves to address a number of human resources challenges.
At the ceremony, Carlos Tavares, Chairman of PSA Group’s Managing Board, emphasised the effectiveness of the collaboration between the PSA and DFM teams and the importance of building on its synergies through talent sharing. He said: “The future e-CMP platform is a key milestone in our partnership with Dongfeng. It will speed up the worldwide development of both of our groups, while helping us to reach the strict carbon objective set for 2020”.
Note: Peugeot EX1 electric concept shown