"Electric Revamp for Peugeot: €400 Million Investment in Sustainable Future In a significant move towards a greener automotive landscape, Stellantis, the parent company of Peugeot, has pledged a substantial €400 million investment to revamp its Mulhouse, France, plant. Starting from 2029, the facility will manufacture three brand-new, full-electric and hybrid Peugeot models, marking a major milestone in the company's transition to electric vehicles. The production of these innovative models will be powered by the cutting-edge STLA One platform, designed to optimize efficiency, reduce emissions, and enhance overall driving experience. As the European market continues to shift towards eco-friendly transportation, Peugeot's bold initiative is set to cement its position as a leader in the electric vehicle sector."
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 ...
