Mitsubishi and Peugeot don’t share the same blood but it wouldn’t be wrong to day that they are two cousins separated by an ocean. If we think about Peugeot’s 4007 SUV and the reskinned Mitsubishi Outlander it will all start to make some sense.

Frankfurt Motor Show will welcome this year the new Peugeot iOn which is in fact a Mitsubishi iMiEV protected by a lion sign. According to some rumors a lithium ion battery – powered version will be available in Europe by the end of 2010.

Now, let’s take a look at iOn’s specs list. The engine on this baby will deliver 132 lb-ft of torque and 64 horsepower and a full recharge (220 V) will last for no less than 6 hours. If that’s too much, you should know that a fast-charger system will also be available on the market allowing you to benefit from a 80% charged capacity in only 30 minutes.