Stelantis is investing 30 billion euros in electric cars

Photo: Fiat

Shortly after the companies Fiat Chrysler Automobiles and Peugeot Citroen Group merged into the multinational company Stelantis at the beginning of the year, large investments in the production of electric cars have already been announced.

The company announced that by the end of 2025, it will invest over 30 billion euros in the production of ecological four-wheelers, and all 14 brands, as many as are “under the same roof” of the Stelantis company, have committed to offer their battery-powered models.

The goal is for 70 percent of the total car sales in Europe by 2030 to be vehicles with reduced emissions, while the plan for the United States is somewhat more modest – 40 percent of the total sales to be electric and hybrid cars.

The company also intends to produce four platforms that will allow electric vehicles to reach a range of 500 to 800 km on a single charge, and plans to open five large battery factories in Europe and the United States, Stelantis said.

“The customer is always at the heart of Stelantis and our commitment to this € 30 billion investment plan is to offer iconic vehicles that have the performance, features, style, comfort and electric range that fit into their daily lives,” said Carlos Tavares, CEO. director of Stelantis.

Whether this is a chance for electric cars to start producing in the Kragujevac factory soon remains to be seen.

Fiat Chrysler Automobiles employs about 200,000 workers worldwide, of which about 2,500 are employed in Serbia. The production of the new model would be of great importance for the economy of our country because, as RTS wrote at the beginning of the year, the demand for the “Fiat 500L” model, which is currently produced in Kragujevac, is slowly declining, and thus production.

Milena Maglovski

Source: Energetski portal Srbije by

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