PSA Peugeot-Citroen tries to find partners to share development for low-cost compressed gas hybrids.
PSA Peugeot Citroen has also talked with alliance partner GM, as it tries to cut costs for developing and building the “Hybrid Air” technology, which is expected to cost around 500 million euro ($650 million), according to innovation director Jean-Marc Finot. The first models to use this technology are expected to hit the market in 2016.
“If we’re to meet that timetable, we can’t hang around,” Finot said at the Geneva auto show.
Finot added that partnerships have to be agreed in the following months and that GM will be a natural partner on the new drivetrains in the European market. But Peugeot is also looking for a partner for the Chinese market, where it has joint ventures with Chongqing Changan and Dongfeng Motor Group.
Present at the Geneva auto show, Citroen unveiled a C3 subcompact which features compressed nitrogen and gasoline transmission. The model was developed as a prototype with Robert Bosch.
In January, PSA Peugeot Citroen and Bosch announced they are planning to jointly manufacture a hybrid powertrain system, which will offer significant emissions and fuel consumption reduction. The hydraulic system for passenger cars will use compressed air to store energy, and it comprises two hydraulic units and pressure accumulators.