Pierre Gadonneix,
Chairman and CEO,
EDF
 
Paris, France --- (METERING.COM) --- October 10, 2008 - French utility Electricité de France (EDF) has entered into agreements with PSA Peugeot Citroën and the Renault Nissan alliance to partner in the development of electric and plug-in hybrid electric vehicles and the associated transport and travel infrastructure.

The agreement with PSA Peugeot Citroën covers several technological programs, including the definition of business models capable of driving the commercial development of electric vehicles and new energy storage technologies, such as lithium-ion batteries. Vehicle recharging systems and protocols to enable vehicles and the network to communicate during recharging will also come under the spotlight, as will the standardization of these systems and protocols.

The agreement with Renault Nissan is aimed at creating, starting with France, a large scale zero emissions individual transport and travel system in order to establish electric cars as a viable and attractive transport solution for consumers. In support of this objective, Renault Nissan and EDF will jointly develop an innovative commercial project, open to other interested parties, leading to the set up of an electric mobility operator, whose role will be to supply customers with the infrastructure to recharge an electric vehicle and to manage its range. The aim is to ensure that the infrastructure is ready for a vehicle launch in 2011.

Pierre Gadonneix, chairman and CEO of EDF, commented on these agreements as marking an important new step in the development of electricity as a competitive, clean source of energy, especially for transportation, and paving the way for innovation that will promote the emergence of new generation vehicles that are ecologically virtuous.

“Helping to reduce greenhouse gas emissions is a core principle guiding our commitments and investment decisions.”

EDF is the world’s largest electric vehicle fleet owner, with 1,500 vehicles, and has acquired extensive technological expertise and experience in power storage, recharging infrastructure and plug-in vehicle trials. It is currently developing a new generation of innovative recharging stations.

PSA Peugeot Citroën is an electric vehicle pioneer with more than 10,000 units on the road between 1955 and 2005, and the development of plug-in and other hybrids is an integral part of its strategic commitment to offering “everyone an eco-car.” For example, the Group is going to extensively deploy the “Stop & Start” micro-hybrid system across all the Peugeot and Citroën model line-ups, while in 2011 both brands will offer full diesel hybrids that will deliver radical improvements in both fuel efficiency and CO2 emissions.

The Renault Nissan alliance aims to become the world's leading manufacturer of zero emission vehicles. France will be one of the first global markets to receive these all-electric models, along with Israel, Denmark, Portugal, the state of Tennessee (USA), and Kanagawa Prefecture (Japan), all of which have announced similar partnerships with the alliance.