French automaker Citroen released details of a new EV electric concept vehicle on Thursday.
In a document outlining the concept, which is called oli, Citroen said it had a target weight of roughly 1,000 kilograms, or one metric ton, and a range of as much as 248 miles.
Citroen said the oli’s top speed had been limited to 68 miles per hour. The brand, which is owned by Stellantis, said “20% to 80% charging” would take 23 minutes.
The automaker added that vehicle parts could be “reused or recycled throughout ownership.” According to the document providing details of the oli, it has a “flat bonnet, roof and pick-up bed panels” that are “made from re-cycled honeycomb cardboard.”
The firm was keen to emphasize the vehicle’s smaller scale. “Rather than being a 2,500kg ‘palace on wheels’ filled with screens and gadgets, oli proves that more can be achieved with less,” it said.
Citroen also said that the restriction of the oli’s speed to a maximum of 68 mph had been done to “maximise efficiency.”
Speaking to CNBC Thursday, CEO Vincent Cobée stressed the importance of electric mobility going forward, sketching out a vision of how he saw the sector developing.
Cobée went on to emphasize the importance of broadening access to EVs. “One thing is, for the last 10 years, we’ve seen an increase in electric vehicle performance,” he said. “I’m talking autonomy, power, speed and, as a consequence, weight and price.”
“This for us is a concern because, honestly, if the future of an electric car is 2.5 tons of weight and 70,000 euros or more of price, then it’s not for everyone.”