Peugeot

Pugeot is a French automobile manufacturer that was founded in 1810. The company started out making steel products, but soon branched out into bicycles and automobiles. In 1896, Peugeot produced its first car, the Peugeot Type 3. The company continued to grow and innovate over the years, and by the 1920s, it was one of the leading automobile manufacturers in the world.

Entry into the EV Market

Peugeot entered the electric vehicle market in 1995 with the launch of the Peugeot 106 Electric. The car was a success, and it helped to pave the way for Peugeot’s future EV models. In 2010, Peugeot launched the iOn, a small electric city car. The iOn was followed by the e-208 in 2019, and the e-2008 in 2020.

Parent Company

Peugeot is currently a subsidiary of Stellantis, a multinational automotive group that was formed in 2021 through the merger of PSA Group and Fiat Chrysler Automobiles. Other brands that are owned by Stellantis include Citroën, DS Automobiles, Opel, and Vauxhall.

Future Plans in the Electric Vehicle Market

Peugeot has ambitious plans for the electric vehicle market. The company plans to launch a new electric vehicle every year until 2025. By 2030, Peugeot aims to have a fully electric lineup in Europe.

Peugeot is a leading automaker with a long history of innovation. The company is committed to the electric vehicle market, and it has ambitious plans for the future. Peugeot is well-positioned to be a major player in the EV market in the years to come.

Here are some additional facts about Peugeot:

• The company’s headquarters are located in Sochaux, France.
• Peugeot employs over 200,000 people worldwide.
• The company’s annual sales are over €70 billion.
• Peugeot is one of the most popular car brands in Europe.
• The company’s slogan is “Motion & Emotion.”

Peugeot is a well-respected automaker with a bright future. The company’s commitment to innovation and its ambitious plans for the electric vehicle market make it a force to be reckoned with in the years to come.