A MAJOR car brand has announced it will scrap its line of performance cars - and could replace them with EVs.
The range has only been on the market for four years but looks set to fall victim to net zero restrictions.
The Peugeot PSE line came onto the market in 2020 as a performance brand operating within the firm's existing catalogue.
Standing for Peugeot Sport Engineered, it focussed on creating souped-up variants of existing models, particularly hot hatches.
The latest PSE creation, a faster variant of the 508, currently retails at a whopping £53,000.
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That's almost £20,000 more than the standard model.
But CEO Linda Jackson has confirmed that it will be the last to come out of the in-house tuners.
She told Autocar: "To be honest we thought about [expanding the range] but then the prioritisation came into play and this is all about electrification.
"The fact is [Stellantis is] investing... £35 billion for electrification and Peugeot is a part of that.
"We will have a full electric car line-up by the end of this year where every model will have an electric version and you have to make your priorities."
Peugeot already has a range of EV options based on their flagship models, including the 208 and 308 plus the larger 2008 and 3008.
These stretch from the £24,000 base level E-2008 up to the range-topping E-3008 GT at £38,000.
Peugeot, like its rivals, is locked in a race to all-electric production ahead of the 2035 ban on new petrol and diesel car sales.
The Government's EV mandate also required 80% of new vehicles to be zero-emission by 2028.
However, Ms Jackson did not rule out the possibility of the performance focus of PSE being replicated after the transition.
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Speaking on the prospect of hot EV models, she added: "Who knows?
"There is nothing certain.
"I’m not going to say we are going to launch something tomorrow, so don’t get your hopes up."
