BMW-PSA Hybrid R&D Centre Now Open
Expected to employ around 400 staff, mainly engineers in electromobility and electronics, by the end of 2011, the centre will develop drivetrain technology which will be manufactured at a plant in Mulhouse, France, due to open in 2015.
BMW and PSA Peugeot-Citroën have each invested £87.1m (€100m) in the project, which extends their existing drivetrain partnership established in 2002. The two manufacturers have since worked together to develop four-cylinder engines for MINI, Peugeot and Citroen vehicles, and the partnership was extended in February 2010 to produce the next generation units.
For more of the latest industry news, click here.