Stellantis is implementing a huge investment plan in France to strengthen its electric vehicle production capacity in Europe. The company announced that it will invest over 1 billion euros for the production of new generation electric vehicles at its Mulhouse facility.
The planned investment is aimed to be put into operation as of 2029 and to make the factory fully suitable for electric vehicle production. The project aims to turn the Mulhouse factory in eastern France into one of Stellantis’ European electric conversion centres.
French President Emmanuel Macron shared the announcement at the meeting held to quickly adapt the country’s automotive industry to electric transformation. Macron emphasized that the Mulhouse facility offers a “real industrial future”.
The statement also stated that an “electrification group” was formed, including representatives of the French government and private sector, and that increasing electric vehicle production capacity was a strategic priority.
Stellantis, on the other hand, made a cautious statement on the issue and stated that all plans regarding the future of the facilities were evaluated together with the stakeholders and that the public will be informed if the official decisions are clarified.
As the electric transformation accelerates in the European automotive industry, this investment by Stellantis is seen as one of the most important steps in the sector.
Automobile Magazine – English News
Source link 2026-05-27 20:49:00
