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08 Jul
15:41

Stellantis to invest €30 billion in electrification, 5 gigafactories

Stellantis will invest €30 billion ($35 billion) in electrification and software support between 2021-2025, chief executive officer Carlos Tavares says at the company’s EV day virtual conference attended by Kallanish. Stellantis, born of the joint venture between PSA and Fiat, is accelerating electrification through a vertically integrated strategy. Four dedicated EV-focused new platforms will “carry the best of our engineering expertise and raise…
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