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Stellantis will invest €1 billion to produce new generation of EVs in Mulhouse factory.

deals & business :: 4hrs ago :: source - reuters

By Reuters

(Reuters) - Stellantis will invest ​more than €1 billion ‌to produce a new generation of ​electric vehicles ​at its Mulhouse plant ⁠starting in ​2029, French President ​Emmanuel Macron said on Tuesday.

Stellantis last week ​laid out ​a €60 billion euro ($69.85 billion) strategy ‌with ⁠a blitz of 60 new products and a ​simplification ​of ⁠its vehicle platforms to ​stay in ​the ⁠race toward electfification.

($1 = 0.8590 euros)

Reporting ⁠by ​Makini Brice ​and Gilles Guillaume; Editing ​by Kirsten Donovan


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