Mitsubishi will collaborate with PSA Peugeot Citroen on electric vehicles.

It means the development of an electric vehicle for Europe based on Mitsubishi's i MiEV (pic.). It is informed to be produced by Mitsubishi Motors Corporation and sold under Peugeot brand ( in parallel to Mitsubishi's own European i MiEV).

The market launch is scheduled at the end of 2010 or the beginning of 2011.