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      "text": "We forecast that its CO2 emissions will fall from 113.9g/km today to 95.6g in 2021, 4g short of its 91.6g/km target. This would lead to fines of €938 million.",
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      "text": "© PA Knowledge Ltd. | January 2020",
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      "text": "The Group has made progress in the electrification of its portfolio and aims to only offer fully-electric (PHEV & BEV) models by 2025, with the first on sale from 2020. By the end of 2020, all brands will have one BEV car available. We expect PHEV and BEV to make up 10 per cent of its sales in Europe by 2021. Its focus on small and compact cars, and increased PHEV adoption, means we expect to see stable emissions reductions.",
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      "text": "France's PSA Group is the second-largest manufacturer in Europe. Its brands are: Peugeot, Citroen, DS and Opel/Vauxhall. We forecast that its CO2 emissions will fall from 113.9g/km today to 95.6g in 2021, 4g short of its 91.6g/km target. This would lead to fines of €938 million. This shortfall is partly due to an increase in emissions seen in 2018. PSA's new platforms, CME and EMP2, give them more flexibility in their production lines, enabling them to manufacture petrol, diesel or electric vehicles from the same facility. This will help them ramp up production and adapt to changes in technology. And with the FCA merger, there should be further benefits from scaling technologies across the new PSA-FCA range.",
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