Electric Vehicle Revolution Gains Momentum in Europe: Stellantis Pledges €400 Million Investment In a significant move towards a more sustainable automotive future, Stellantis, the parent company of Peugeot, has announced plans to invest €400 million in its Mulhouse, France, plant. The substantial investment will enable the production of three new full-electric and hybrid Peugeot models, set to hit the market from 2029. These new vehicles will be built on the STLA One platform, a cutting-edge design that promises to deliver improved efficiency, performance, and reduced environmental impact. As the European market continues to drive the global shift towards electric vehicles, this investment underlines Stellantis' 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 ...
