Mulhouse
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
Stellantis invests €1bn in French operations for new EV and hybrid production
The move comes as European carmakers face mounting competition from Chinese rivals and intensify efforts to expand their electric and hybrid vehicle offerings. Stellantis, the owner of Peugeot, Fiat and Jeep, said on Tuesday it will invest €1 billion in its Mulhouse factory in eastern France to develop and manufacture three new Peugeot electric or hybrid models, starting in 2029. The move comes as European carmakers grapple with weak demand in China, rising global competition and tariffs.