European Automaker Makes a Big Bet on Electric: Stellantis to Invest €400 Million in Peugeot Plant In a significant move towards a more sustainable future, Stellantis, the parent company of Peugeot, has announced plans to invest €400 million in its Mulhouse, France, plant. From 2029, the facility will begin producing three new full-electric and hybrid Peugeot models, marking a major push into the electric vehicle market. The new models will be built on the STLA One platform, a cutting-edge design developed by Stellantis to support the development of a wide range of electric vehicles. This significant investment is expected to solidify Peugeot's position as a leader in the European electric vehicle market and drive the company's transition towards a more environmentally friendly future.
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 ...
