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PSA's new EVs will be cheaper with longer range; production plug-in hybrid nearing completion

PSA's electric cars such as the Citroen C-Zero, shown, have been slow sellers.
May 03, 2015 05:00 AM

RENNES, France -- PSA/Peugeot-Citroen's new electric cars will be cheaper and have a longer range than the automaker's current EVs, CEO Carlos Tavares said. The company also is close to completing development of its first series plug-in hybrid, he said.

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