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M'bishi Motors, Peugeot study electric CV tie-up

TOKYO, June 30 (Reuters) - Mitsubishi Motors Corp and PSA Peugeot Citroen said on Wednesday they have agreed to consider working together to develop electric vehicle powertrains, initially focusing on light commercial vehicles.

"This new step results from continuing discussions between the companies to expand their existing collaboration on electric vehicles," the two car makers said in a joint statement. (Reporting by Chang-Ran Kim)