"Auto Giant Stellantis Unveils Ambitious Plan to Revitalize European Industry. In a major move to assert its dominance in the European automotive market, Stellantis, the parent company of iconic brands such as Peugeot, Citroen, and Fiat, has announced a staggering €60 billion investment plan by 2030. The massive outlay is expected to fuel the development of 60 new models, marking a significant shift in the company's strategy to stay competitive in a rapidly evolving industry. With the European Union's push for sustainable transportation and a ban on internal combustion engines looming, Stellantis' investment plan is seen as a bold attempt to secure its position as a leader in the electric vehicle market."
Stellantis plans €60bn investment and 60 new models by 2030 Euronews.com
