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

Stellantis NV

26/05/2026 11:05

PARIS, May 26 (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)

((M.Brice@thomsonreuters.com;))