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Stellantis will invest €1 billion to produce new generation of EVs in Mulhouse factory - Finance news and analysis from Global Banking & Finance Review
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Stellantis will invest €1 billion to produce new generation of EVs in Mulhouse factory

Published by Global Banking & Finance Review

Posted on May 26, 2026

1 min read

· Last updated: May 26, 2026

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Stellantis Plans €1 Billion Mulhouse Investment for Next Generation EVs by 2029

Major Investment in Mulhouse Plant Announced

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 Electrification Strategy

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. 

Financial Details

($1 = 0.8590 euros)

Reporting and Editing Credits

(Reporting by Makini Brice and Gilles Guillaume; Editing by Kirsten Donovan)

Key Takeaways

  • Stellantis plans a major €1 billion-plus investment to electrify its Mulhouse factory, with EV production slated to start in 2029.
  • This builds on the company’s broader €60 billion strategic plan unveiled last week, which includes 60 new products and platform simplification to accelerate electrification.
  • The investment supports France’s industrial transition and complements Stellantis’s pan‑European electrification efforts, including motor production ramp‑ups and green energy projects.

Frequently Asked Questions

How much will Stellantis invest in the Mulhouse factory?
Stellantis will invest more than €1 billion in its Mulhouse plant to produce a new generation of electric vehicles.
When will the new electric vehicle production begin in Mulhouse?
Production of the new generation of electric vehicles at Mulhouse is set to start in 2029.
What is Stellantis' broader strategy for electric vehicles?
Stellantis has announced a €60 billion strategy that includes 60 new products and platform simplification to compete in vehicle electrification.
Where is the Stellantis Mulhouse factory located?
The Stellantis Mulhouse factory is located in Mulhouse, France.

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