Peugeot CEO No Plan to Expand PSE Series After 508

TapTechNews June 6th news, the CEO of Peugeot, Linda Jackson, said that after the hot-selling 508 model, there are no plans to expand its high-performance PSE series models anymore.

The full name of PSE is PEUGEOT SPORT ENGINEERED, which is positioned as a performance model. Jackson said, Frankly speaking, we did consider expanding the PSE series models, but later decided to prioritize the electrification process.

Jackson said that Stellantis plans to invest 40 billion euros (TapTechNews note: currently about 46,500 million US dollars) to promote electrification, and Peugeot will also participate in the reform. By the end of this year, we will have a complete electric vehicle lineup, and each model will have an electric version.

Jackson said that she does not rule out the possibility of manufacturing high-performance cars on the modular electric vehicle platform used in the Stellantis group in the future. She said, Who knows what will happen in the future? Nothing is certain. I won't say what product we will launch tomorrow, so don't expect too much.