Off the wire
• 13 million Arab children forced to leave schools: ALECSO  • European Reference Networks launched to tackle complex medical conditions  • Roundup: Products of Chinese companies arouse great interest at Mobile World Congress  • Spanish stock market rises 0.96 pct, closes at 9,555 points  • Roundup: Tunisia lures more Chinese tourists after visa exemption  • Gold futures fall on traders' technical selling  • U.S. dollar drops amid economic data  • Chile's President Bachelet outlines political priorities for 2017  • British FTSE 100 rose 0.14 pct on Tuesday  • Feature: Venice Carnival closes with sumptuous costume parade  
You are here: 　 Home

PSA inks partnership with Le Village to boost innovation

Xinhua, March 1, 2017 Adjust font size:

Seeking to bolster innovative schemes, French leading auto manufacturer PSA on Tuesday announced its partnership with Le Village by CA, a value-creating incubator for innovative start-ups, SMEs and large groups.

Through its Business Lab created by the end of 2016 to "promote interactions with innovative ecosystems," the French group joined Le Village's partner network as part of establishing its opportunity detection measures," it said in a press released.

Under the partnership, PSA "will take advantage of the innovation dynamic of start-ups and partners in Le Village," in addition, "to experiment with new opportunities, including with the PSA Group's intrapreneurs."

"This partnership is a result of the PSA Group's desire to develop and transform interactions with young businesses in order to offer new mobility experiences to our customers. Le Village will also enable us to acclimatize our teams while increasing the scope of communication with start-ups on specific projects that match our areas of interest," said Anne Laliron, Business Lab director.

For his turn, Fabrice Marsella, mayor of Le Village by CA Paris, noted that "large companies need the innovation provided by start-ups to remain competitive, and start-ups themselves need large groups in order to develop their businesses."

"The PSA group provides a large-scale testing and development ground for Le Village start-ups," he added. Endit