STELLANTIS DEEPENS FRANCE INVESTMENT WITH NEW PEUGEOT EV PRODUCTION
- NEWS Desk Global
- 7 hours ago
- 1 min read
Stellantis will produce three new electric and hybrid Peugeot models at its Mulhouse factory in eastern France from 2029, the automaker said on Tuesday, as part of a revamped global that includes a major new product push.
The launches will be backed by a €400 million ($466 million) investment in the Mulhouse plant, alongside a further €500 million for research and development. Most of the R&D spending will go into the new STLA One platform, which is designed to underpin a new range of electrified vehicles.
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