Car Giant Stellantis Puts Foot Down on Electric Future with €400 Million French Investment In a major push towards a more sustainable automotive future, Stellantis, the parent company of Peugeot, has announced a significant €400 million investment in its Mulhouse, France, plant. The facility will be transformed to produce three new full-electric and hybrid Peugeot models, set to hit the roads from 2029. A key factor in this production strategy is the adoption of the new STLA One platform, a cutting-edge design that is expected to improve efficiency, reduce emissions, and enhance overall driving experience. As the European market continues to shift towards electric vehicles, this move by Stellantis underscores the company's commitment to meeting the growing demand for eco-friendly transportation options.
Stellantis will invest €400 million to produce three new full-electric and hybrid Peugeot models at its Mulhouse, France, plant from 2029. The launches will use the new STLA One platform, designed to ...
