Stellantis to produce three new Peugeot models in Mulhouse
Stellantis to produce three new Peugeot models in Mulhouse MULHOUSE, France, June 2 (Reuters) - Stellantis STLAM.MI said on Tuesday a €1 billion ($1.17 billion) investment in France would be spent on production of three new electric and hybrid Peugeot models in its Mulhouse factory from 2029.
Half of the funds will go to research and development, particularly for the new STLA ONE platform allowing the Franco-Italian carmaker to produce new models, with most of the remainder going to the factory in eastern France.
($1 = 0.8584 euros)
(Reporting by Gilles Guillaume;
Writing by Dominique Patton;
Editing by Sudip Kar-Gupta)
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