BMW and French automaker PSA Peugeot Citroen have officially announced plans to partner on development of hybrid components for front-drive vehicles. Currently the two automakers already share engines, between the Peugeot, Citroen and MINI brands. It's expected that the new hybrid drivetrains will be shared with models from those ranges (including the next-generation MINI Cooper) as well as with BMW's upcoming lineup of front-drive 1 Series models.
"This cooperation will deliver a major contribution towards a competitive cost structure in the field of electrification. It also represents another important step on the road to sustainable mobility," said Norbert Reithofer, Chairman of the Board of Management of BMW AG.
More: BMW, PSA Peugeot Citroen Announce Partnership on Front-Drive Hybrid Vehicles