Stellantis announced an investment of more than one billion euros in France, aimed at the development of the new STLA One platform and the production of three new electrified Peugeot models.
The investment was formalized on Tuesday, June 2 by its President Group Stellantis, Antonio Filosa, during a visit to the group factory in Miluz (Mulhouse) in Alsace.
The new platform will be called STLA One and will initially be used for the production of three new models Peugeot, at the millhouse factory from 2029 onwards. It is notable that all three vehicles will belong to category C, which represents about 30% of the European car market.
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The three new models will be available either with a hybrid or with a purely electric drive system, since the architecture of the new platform allows the hosting of different drive systems for different vehicle sizes.
This new modular platform is presented as a key pillar of the strategic plan FaSTLANE 2030, which Stellantis revealed on May 21. The aim of the project is the development of future models by reducing production costs by around 20%.
With the new platform, Stellantis on the one hand confirms its central role Peugeot Within the group, it strengthens its presence in the most competitive category of the European market.
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Plus, The Alsace plant employs about 4,500 workers and is one of the group's most historic production units in France. In addition, the production of new models at the millhouse plant from 2029 onwards highlights the company's ambition to combine electric drive with increasing production in France, a country that holds a key position in Stellantis' strategy.
According to Filosa, European low-emission vehicle market support programmes and initiatives promoting product production «Made in Europe», They helped create a favourable environment for such a large and important investment decision..
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