Groupe PSA designs an electrified light vehicle as part of the European EU LIVE consortium • The “Efficient Urban LIght Vehicle” (EU-LIVE) European consortium brings together 12 partners from six countries, with Groupe PSA the only carmaker • The urban mobility project is funded by the European Commission (€6.7 million) under the “Horizon 2020 GV5” Research and Innovation programme • Based on an architecture similar to a tricycle, the…